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The Coming Decline of 'Made In China'

retroworks writes: Adam Minter documents the move of Chinese steel mills to Africa, and speculates that China's years of incredible rates of economic growth may already be over. This one steel mill's move to Africa, by itself, increases Africa's production by two-thirds. "The officials in Hebei Province who oversee the company may have felt they had no choice. First, they undoubtedly faced political pressure to reduce their environmental impact in China: reducing production of steel, cement and glass -- all highly polluting industries, especially in developing countries -- will have a direct impact on Xi Jinping’s pollution goals. (Starting in Hebei will have the added benefit of cleaning up polluted, neighboring Beijing.) Second, Hebei may simply be at a loss as to how to scale back businesses that they recognize have become massively bloated. Officials in China’s construction-related industries clearly have too much capacity and too little demand." It's also possible that these moves will be encouraged by China's transition to clean economy, though that could be a bad thing for pollution in Africa.

5 of 327 comments (clear)

  1. What Will They Do... by MightyMartian · · Score: 4, Interesting

    And what will all our fine corporate interests do when they run out of wage slaves?

    --
    The world's burning. Moped Jesus spotted on I50. Details at 11.
    1. Re:What Will They Do... by bmajik · · Score: 4, Interesting

      If you view this as an imperialist move by China as opposed to a western style company taking a risky bet, does that change things at all?

      Recall that many Chinese "companies" are appendages of the Chinese government -- and sometimes, even the Chinese Military (acting with quasi-autonomy from the government itself).

      So, if some fragile corrupt African government attempts to nationalize Chinese investments, there's a good chance that China will simply dispense with the problematic elements of said government in whatever way doesn't risk significant repercussions from other world powers. Given what China is willing to provoke between Taiwan and Japan -- two US allies with protection agreements -- I don't think China is going to lose any sleep if it needs to steamroll a few African governments. The US won't do anything about it, and neither will anyone else.

      Finally, why are you still in SA? It sounds like a wretched mess. Turn off the lights on your way out....

      --
      My opinions are my own, and do not necessarily represent those of my employer.
  2. Re:No African OT either.... by ShanghaiBill · · Score: 5, Interesting

    Americans won't stand for "slave wages" in Africa.

    Most Americans are unconcerned about the working conditions of the people who make their products. Even those who express concern are often using it as a cover to push for protectionist policies that hurt the very people they claim to be helping.

    They would boycott anything "made in Africa" because they'd fear the workers are slaves.

    Most bonded labor (slavery) occurs in agriculture. Manufacturing jobs almost always result in a huge improvement over rural poverty. Such a boycott would be harmful and counterproductive.

  3. Re:Automated manufacturing by Billly+Gates · · Score: 4, Interesting

    Wrong. Jobs are created by demand. Not the other way around. Look at thr great depression as proof? With no demand due to lack of funding led to no jobs which led back to a lack of demand in a 15 year loop.

  4. Re:No African OT either.... by ShanghaiBill · · Score: 5, Interesting

    Easy thing to say when you aren't the guy working 16 hours without a break making over-priced iShinies.

    Yet, if you actually ask factory workers in poor countries what they want, one of their biggest desires is for LONGER HOURS. Many of them are rural migrants, often women, separated from their spouses and children. Their focus is on making as much money as possible, in the shortest time, so they can go back to their home village. They are not interested in TVs in the break room, spacious dormitories, or other things that YOU may think are important. Stop projecting your values and priorities onto people that you know nothing about.

    Instead of looking at factory workers as unthinking drones, that need first-world do-gooders to decide what is best for them, perhaps you should consider what they have to say, about their own lives:

    Do campaigns for “ethical supply chains” help workers?
    The voices of China's workers