Shangise No Paradise? Boy, let’s move to Hanoi!

WE REPORT FROM, May the 5th: 

China’s New Labor Law Creates Growing Concern

At CSR China, Kevin Jones and Stan Abrams write:

We all saw this coming. Since last year, there have been countless articles and commentaries about China’s new employment law, so by now employers should have already implemented new labor regimes without further incident and employees should be quite satisfied. Right?

Not quite. Implementation has been slow, litigation has picked up markedly this year, and China’s new Employment Contract Law continues to pose huge problems for employers. The new law has the potential to become a compliance nightmare, with labor costs widely anticipated to increase by 20% for manufacturers, squeezing profit margins further at a time when costs for other economic inputs are rising and preferential tax treatment is being rolled back. According to a study recently released by the American Chamber of Commerce in Shanghai and Booz Allen Hamilton, 20% is also the percentage of foreign invested companies that are planning to move at least some of their operations elsewhere.

To read more:


That Chamber of Commerce is always the same, unrepented  PRO-SLAVERY Chamber of Corruption:

– lobbying with CIA for the sake of US based multinationals shortrun profit interests,

– oiling the GIRA  and New Slavery mechanisms,

– monitoring it by corrupting politicians,

– stopping for years and watering down ANY DECENT CHINESE LABOUR LAW, 

– working for an as far as possible prolonged Unbalanced Golden Age (Asian baby slaves, adult quasi-slaves filling Wal Mart shops with cheap products, for impoverished US middle class)

–  boycotting any attempt to a humanisation of the rough Chinese Capitalism.

Forget the Olympic Torch, make a demo AGAINST THE US CHAMBERS OF CORRUPTION (an ingredient of COMMERCE) IN SHANGAI AND ALL OVER CHINA!!! Fucking Imperialists, they still reason as BEFORE THE  1850s U.S. CIVIL WAR. Now they prefer slaves overseas, not at home in the Deep South

US export slow with such a low $! Come on, I can’t believe …

rge always no.1, NO DISCUSSION: another discovery by rge, the Cannibal, the eddy merckx of economic blogging. So, drawing on rge’s Setser, Naked Capitalism take the chance for a striptease of US export and trade balance: A BIG SURPRISE under the pants !!! What a surprise … US economy much  less … (ehm)  masculine than it was supposed. Delusion in the gay and nonlesbian women audience.

Naked Capitalism

Saturday, May 10, 2008

Setser: Real Export Growth Stalls

What would we do without Brad Setser to give us a hard, analytical look at trade and international funds flows? Setser tells us that the headline news on the trade deficit, namely, that it shrank in March, is misleading. When you dig deeper, and in particular pull out petroleum-related flows, it reveals that real export growth is stalling, which is not good at all, given the supposedly weak dollar.

You’d never detect that worrisome pattern from the mainstream press. It treated the trade release as entirely good news, as the WSJo illustrates:

    U.S. trade deficit narrowed more than expected in March as imports of cars and crude oil dropped amid record-high oil prices and a weak economy.

    The March deficit was smaller than Wall Street expectations. Economists surveyed by Dow Jones Newswires had estimated a $61.50 billion shortfall.

    The decrease in the trade gap followed two straight months of widening deficits, and suggests that trade contributed more to first-quarter gross domestic product than initially estimated.


And, LADIES AND GENTLEMEN: here is Setser:

Be careful — real export growth looks to have slowed

 Brad Setser | May 9, 2008

Unless your family is in the wheat or beans business (wheat and soybeans exports have more than doubled when q1 08 is compared to q1 07; total food and feed exports are up 50% y/y), there actually wasn’t a lot to like in this month’s trade release

AsiaTimes: let’s help Burma by invasion

UPDATE: May 11 8 am. This appeal came from the Hong Kong based news portal Asia Times, the best info source on Asia. But even the much more popular US weekly Times, perhaps independently got the same idea the same day! The US naval forces are already on site, Ms Laura Bush the First Lady already invited Burmese people to insurrection on Orange side a few months ago (see picture): LET’S GO !!!       

Any minute is precious, will save lives now and improve them tomorrow. Acting on UN basic rights aims, the US might reap a secondary effect of great momentum 4 the next decades: a US stronghold on China borders – a “Cuba 2, the revenge” (PRC always very embarassed with  the Burmese golpistas, but did nothing to help people).

The case for invading Myanmar
By Shawn W Crispin    

BANGKOK – With United States warships and air force planes at the ready, and over 1 million of Myanmar’s citizens left bedraggled, homeless and susceptible to water-borne diseases by Cyclone Nagris, the natural disaster presents an opportunity in crisis for the US. 

A unilateral – and potentially United Nations-approved – US military intervention in the name of humanitarianism could easily turn the tide against the impoverished country’s unpopular military leaders, and simultaneously rehabilitate the legacy of lame-duck US President George W Bush’s controversial pre-emptive military policies. 





Published in: on May 11, 2008 at 2:24 am  Leave a Comment  
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