another republican meme destroyed:the us has onerous regulation

[Ricter]

Quote from Petsamo:

Like the useful idiots Free Thinker and the World Bank are,

they don't look at Obamacare's impact on doing business,
they don't look at what states businesses are moving to and from, and
they don't ask why businesses are moving offshore, particularly to China.

Notice also that Free Thinker is no longer in the business that he claims to have been in.[/IMG]

They're going to China because that's where the sales are. Otherwise, they are leaving China to chase cheaper labor elsewhere. It's all about landed cost.

 

[Petsamo]

Quote from Ricter:
They're going to China because that's where the sales are.

Yes, there are sales in China, but China is a net exporter, which means in the aggregate, most sales are outside of China. China is mainly a manufacturing base.

BREAK

Addendum: The article also does not disclose the fact that US oil exploration is choked off because of Obama's moratorium on oil drilling and EPA regulations. Then we have coal factories that are getting shut down because of the EPA.

 

[Ricter]

Quote from Petsamo:

Yes, there are sales in China, but China is a net exporter, which means in the aggregate, most sales are outside of China. China is mainly a manufacturing base.

Nevertheless domestic sales are growing in China, by intention.

 

[Petsamo]

Quote from Ricter:
Nevertheless domestic sales are growing in China, by intention.

Because real wages are increasing. That's a good thing, and an honorable intention, right?