|

Saturday, June 04, 2005

 

China as Walmart, Walmart as China

Exports from China, especially in clothing and other textiles, have dramatically increased to the U.S. in the five months following the death of the quota regime that had for decades governed and distorted the world's textile industry. The Bush Administration, seeking to molify domestic concerns over protectionism, has in recent weeks implemented “safeguard quotas” limiting the rise in imports to 7.5%, on seven categories of Chinese textiles, including trousers and shirts. Across the pond the (much-weakened) European Union plans similar restrictions on T-shirts and flax yarn.

China, citing such actions lack "legal grounding" and constitute “unreasonable” protectionism, announced on May 30th an immediate end to the export tariffs it introduced earlier this year (as a conciliatory measure) on 81 textile products to slow the surge in exports. Only ten days earlier the Chinese had said they would increase these taxes on 74 products, some by up to 400%.

While politicians dicker over the details, most of us are heading down to Walmart to take advantage of the everyday low prices. China´s low-cost manufacturing is one significant factor why we shop at Walmart. Where I grew up, we shopped at Barker´s, our low-cost department store before the advent of Walmart. Truth be told, we didn´t worry about jobs in manufacturing or textiles moving offshore - we could care less about where the products we bought were manufactured. We bought from the cheapest source because of the price, and I´ll wager the majority of American consumers do the same. After all, isn´t this what capitalism is all about?
Comments:
I read over your blog, and i found it inquisitive, you may find My Blog interesting. My blog is just about my day to day life, as a park ranger. So please Click Here To Read My Blog

http://www.juicyfruiter.blogspot.com
 
Do you want free porn? Contact my AIM SN 'p1nkn3ss' just say 'give me some pics now!'.

No age verification required, totally free! Just send an instant message to AIM screen name "p1nkn3ss".

Any message you send is fine!

AIM abuse can be reported here.
 
Get any Desired College Degree, In less then 2 weeks.

Call this number now 24 hours a day 7 days a week (413) 208-3069

Get these Degrees NOW!!!

"BA", "BSc", "MA", "MSc", "MBA", "PHD",

Get everything within 2 weeks.
100% verifiable, this is a real deal

Act now you owe it to your future.

(413) 208-3069 call now 24 hours a day, 7 days a week.
 
Give me link to SEO software (promotion, advertisement, etc.). I'm need it to promote my new e-shop.
Thanks.
 
NSU - 4efer, 5210 - rulez

 
Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?