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China Overtakes US as Supplier of IT Goods

Posted by ScuttleMonkey on from the capitalism-at-its-very-best dept.

Ant writes "CNET News.com is reporting that 'after almost a decade of explosive growth in its electronics sector, China has overtaken the United States as the world's biggest supplier of Information Technology goods, according to a report by the Organization for Economic Cooperation and Development.' From the article: "The most spectacular demonstration of China's ambition to become a consumer electronics heavyweight came in May this year when Lenovo, the Chinese computer maker, paid $1.75 billion to buy IBM's personal computer unit."

6 of 365 comments (clear)

  1. To the Europeans who think this is great by Anonymous Coward · · Score: 0, Troll

    think again

  2. Re:Hmm by Dot.Com.CEO · · Score: 1, Troll

    Frankly, after the invasion of Iraq I wish we'd stop doing business with you. Our relationship with the US is nothing to be proud of.

    --
    Mother is the best bet and don't let Satan draw you too fast.
  3. Re:Why this is by justbefree · · Score: 0, Troll

    If minimum wage laws were completely eliminated, wouldn't that eventually lower the prices of all goods manufactured in the U.S. and increase the value of the dollar? And then wouldn't U.S. manufacturers be able to compete with foreign countries?

  4. Re:Why this is by Just+Another+Poster · · Score: 0, Troll
    Absolutely right. It is the poor, poor, executives that make the sacrifices here in the US while the over fed, over indulgent, over rich workers make out like bandits.

    I wish I could collect $65 worth of salary and benefits per hour for turning a screwdriver.

  5. Re:The Peoples Tivo by WindBourne · · Score: 0, Troll

    Well, here in America, it would be the republican party convention on Fox News.

    --
    I prefer the "u" in honour as it seems to be missing these days.
  6. Re:Hmm by jav1231 · · Score: 1, Troll

    Easily. There is no proof of any torture at Gitmo. Abu Grhaib, yes but it was hardly torture and those responsible were brought to trial. Even Democrat Senators who went to Gitmo came back and said there was no evidence that anything went wrong. *I* have every right. We didn't gun down anyone for protesting the war in Iraq.