China’s New “Foreign (Direct Investment) Humiliation”

Companies are attracted to doing business in the People’s Republic of China because of its low-tax development zones, cut-price abundant workforce, and totalitarianism. Independent trade unions are banned by the Communist Party. Assembly-line personnel in free-trade zones in south China operate machinery without safety guards and spray paint with inadequate face masks. They often die in industrial accidents or from gulaosi, the Chinese term for death from overwork. Workplace death rates in China are at least 12 times those of Britain and 13 factory workers a day lose a finger or an arm in the boom city of Shenzhen. In a sign of official disquiet, the state-owned China Daily reported in November ...

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