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Posts Tagged ‘China’

Just wanted to point your attention to an interesting article I read last month in The Wall Street Journal, titled Not Really ‘Made in China’.  It takes a look at just what goes into the trade deficit amount that is listed for products shipped from China.  Basically, if China is the country of origin then they get the “credit” for the import of the product…and as we all know we are all in a huff about how much our trade imbalance is with China.  But what is revealing about this story is how China is often the assembler of parts made in other countries and so actually isn’t the beneficiary of that whole dollar amount credited to the trade.

The article uses Apple’s iPhone 3G as an example.  The parts/labor value for the $178.96 phone come from Japan (34%), Germany (17%), South Korea (13%), U.S. (6%), and Other Countries (27%).  China only represents 3.6% of that value.  But because they are the final assembler they have the trade statistic.  Very interesting.  I encourage you to read and see what you think… may influence our thoughts a bit about how we view trade numbers.

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The Invisible Man As Art

As Elijah has chided reminded me… he is doing much more posting on CAI these days than your humble author.  I wholeheartedly apologize, and blame my work schedule, grad school, and my beautiful, adorable, precious, amazing, stunning and perfect little daughter.

Apology done, now may I direct you to some brilliant pictures by Chinese artist, Liu Bolin, who is making a statement against the suppression of art in China.  The time and effort to produce these would seem to be quite extensive, and the resulting images are very unique and interesting.  Take a look.

real-invisible-man9

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The AFL-CIO is the mother of all unions (I’ve talked about them here), and a brief little article here talks about how representatives of the union were passing out hard hats on Capitol Hill in a campaign to represent workers here in America.  Funny thing, guess where the hats were made?  That’s right… China.  I guess they like to get products that are affordable like many of the rest of us; too bad it goes against everything they stand for.  In defense they said:

Obviously our policy is to only use union vendors and it was a mistake by a new staffer who ordered them and unfortunately wasn’t caught before they went out.

If I had a nickel for every time a “new staffer” was to blame for something.

HT: Drudge

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