Chinese Economics Thread

antimatter

Banned Idiot
Forget about export driven economy, It's fools gold. All those export driven economies will suffer one way or another.

Waht China should concentrate is to build those mega-projects to build up its agriculture and become self sufficient and also domestic consumption.

Right now, it's good time to expand and speed up the great South to North water diversion project. That project is humugous. That should create huge employment for those unemployed landless farmers, trasnsient workers and the likes.

If they could expand and bring huge amount of water to the north and create oasis of farmland from dry soil. then create alot of farmable land in the north and northwest.
 

crobato

Colonel
VIP Professional
Can you see BMW, Mercedes, Boeing , Rolls Royce doing this?... that is when the going gets tough, by lowering quality through fakery??

On BMWs and Mercedes, I can tell you from first hand experience they have done some very cheap things in their cars.
 

bladerunner

Banned Idiot
On BMWs and Mercedes, I can tell you from first hand experience they have done some very cheap things in their cars.

Taking the cheaper option, providing its safe is'nt criminal in intent but what SanLu and others did and perhaps still doing, is.

Theres no doubt that China isnt the only country that has knowing released dodgy products. The only incident i can think of is Mc Donald Douglas with its Dodgy cargo door on the DC10 series aircraft,, culminating with the Turkish crash in 1972?, with the death of hundreds.
 

crobato

Colonel
VIP Professional
The historical equivalent to the Chinese Melamine scandal is the American Swill Milk scandal in the 1860s. This was when milk was being derived from sick and unhealthy cows kept locked up in extremely unsanitary conditions and fed with scraps and liquor. Worst yet, despite the outrage, politicians blocked every means to stop the crisis until the Food and Drug Act of 1906 put an end to everything.

The most unsafe device ever released to the public was a machine that lets you see your foot inside your shoe---all in real time. Put your foot in it and watch through the lenses to see exactly how your feet fits inside your shoe. It was introduced to department stores across the USA right around the turn of the century and was in use until the Sixties. That's one product that never had a recall for over 50 years. People often marveled at it and thought this was a true wonder of science and technology.

Figure out how you can see your feet inside your shoe. Yup. X-rays. All in real time. This isn't just a short exposure like a modern medical X-ray. You might put your feet in it for over a minute looking inside your shoe at your toes, and the bones inside your toes. This machine is just like something you would put in a regular store in the shoe section, no radiation shielding no nothing.

We will never know how many people would eventually die of cancer and radiation poisoning thanks to this innocent looking machine.

For those of you old enough to remember, there are all those old classic clocks and watches that have luminescent dials on them.

Guess what, do you know what causes the paint to glow?

Its because radioactive elements, like radium, is part of it. The glow is caused by atomic radiation.

Now imagine wearing that watch on your wrist all your life. Or have a glowing radioactive alarm clock next to you when you sleep.

Pity all the poor girls they hired in those watch factories to manually paint those dials.
 
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crobato

Colonel
VIP Professional
Slower China growth to make job creation harder in '09: minister
BEIJING, Nov 5 (AFP) Nov 05, 2008
China's labour minister warned the economic slowdown will make it difficult to create jobs, state media said Wednesday, in a signal that unemployment remains one of Beijing's top priorities.

"We expect the impact on the job market to emerge gradually in the first half of next year if we don't respond in a timely and effective manner," said Yin Weimin, minister of human resources, according to the People's Daily.

By the end of September, the number of registered jobless in Chinese cities was 8.3 million -- or four percent -- the same as last year, the report said.

The actual scale of the problem is likely to be much larger, as the statistics do not include rural unemployment or workers laid off from state-owned companies.

In order to create more jobs, Yin said the government would provide more support for labour-intensive industries and small and medium-sized enterprises.

Creating enough employment is one of the main reasons China aims to increase economic growth, which has been in double digits for five consecutive years.

Yin also said a system that orders employers to place a certain sum of money in bank accounts controlled by the government, as an insurance to ensure salaries are paid on time and in full, will be broadened.

Last month a local government in southern China's Dongguan city had to pay 24 million yuan (3.51 million dollars) to more than 7,000 employees after two toy-making factories went bankrupt partly due to slumping exports.

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bladerunner

Banned Idiot
This is interesting

WAs this product made in China or is the adding of lead catching. I saw it listed in the FDA.
Lucky Country Inc. Recalls All Natural Black Licorice Products
Contact:
Donald C. McLearn
904 287-9383
FOR IMMEDIATE RELEASE -- September 5, 2008 -- Lucky Country Inc. of Lincolnton, NC is recalling all of its natural black licorice products from California, Colorado, Connecticut, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Massachusetts, Minnesota, New Hampshire, Pennsylvania, Utah, Virginia, and Washington State due to elevated levels of lead.
Recent tests performed by the California Department of Public Health and the Food and Drug Administration showed that Lucky Country Aussie Style Soft Gourmet Licorice Black (All Natural) in 1.5 lb bags contained a lead level exceeding the level permitted in candy. Because of this finding, Lucky Country is voluntarily recalling all of its Lucky Country Aussie Style Soft Gourmet Licorice Black (All Natural) from the market. In addition to the 1.5 lb bags, Lucky Country also manufactures this natural black licorice product in 6 oz and 3 lb bags, and in a 1 lb tub. Consumers are advised to check to see if they have this product in their possession and should either dispose of it or return it to their retail outlet for a full refund.
 

Spike

Banned Idiot
The most unsafe device ever released to the public was a machine that lets you see your foot inside your shoe---all in real time. Put your foot in it and watch through the lenses to see exactly how your feet fits inside your shoe. It was introduced to department stores across the USA right around the turn of the century and was in use until the Sixties. That's one product that never had a recall for over 50 years. People often marveled at it and thought this was a true wonder of science and technology.

Figure out how you can see your feet inside your shoe. Yup. X-rays. All in real time. This isn't just a short exposure like a modern medical X-ray. You might put your feet in it for over a minute looking inside your shoe at your toes, and the bones inside your toes. This machine is just like something you would put in a regular store in the shoe section, no radiation shielding no nothing.

We will never know how many people would eventually die of cancer and radiation poisoning thanks to this innocent looking machine.

For those of you old enough to remember, there are all those old classic clocks and watches that have luminescent dials on them.

Guess what, do you know what causes the paint to glow?

Its because radioactive elements, like radium, is part of it. The glow is caused by atomic radiation.

Now imagine wearing that watch on your wrist all your life. Or have a glowing radioactive alarm clock next to you when you sleep.

Pity all the poor girls they hired in those watch factories to manually paint those dials.
That's pretty tragic. Do you have the name of the foot x-ray contraption? Are there articles about them on wikipedia?
 

crobato

Colonel
VIP Professional
It is called the Shoe Fitting Fluoroscope.

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Text for its radio commercial---

"Every parent will want to hear this important news! Now, at last, you can be certain that your children’s foot health is not being jeopardized by improperly fitting shoes. STORE NAME is now featuring the new ADRIAN Special Fluoroscopic Shoe Fitting machine that gives you visual proof in a second that your children’s shoes fit. The ADRIAN Special Shoe Fitting machine has been awarded the famous PARENT’S MAGAZINE Seal of Commendation . . .a symbol of safety and quality to millions of parents all over America . If your children need new shoes, don’t buy their shoes blindly. Come in today, let us show you the new, scientific method of shoe fitting that careful parents prefer. STORE NAME invites all of you to visit us today for an interesting demonstration. We know that once you buy shoes that are scientifically fitted, you will shop at STORE NAME all of the time. "
 
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