Topic: China shuts down Sudbury

[Snowman]

Looks like cheap parts from China shut down Sudbury’s only auto park maker.
http://www.thesudburystar.com/webapp/sitepages/content.asp?contentid=469319&catname=Local+News&classif=

[airbalancer]

No surprising, too bad for the people working there

[ovr50]

Unfortunately, a trend that is only just starting; it will get worse until the days of the Oil Wars, then who knows? 

[safristi]

Well we all buy the stuff.....so PLEAD GUILTY by association with cheap 3rd World goods.....................the line forms here to GIVE BACK  yer $7.99 Bangladesh Cotton shirts........Indian call centre help lines.....accountants and IT stuff..... yer Korean cars...Chinese everything else!!!!!!!......

  It is unstoppable now........have a bud who used to work for an American brake producer.............now has his own container loads coming in from China...and sells them across N America...cheaper than they could make em in Alabama (where Mercedes/Totota el al are producing stuff).....

 Unless you have "" inna ground (minerals/oil/water etc) OR a skill or product that is not importable cheaper from abroad...yer facked................

[Snowman]

Well we all buy the stuff.....so PLEAD GUILTY by association with cheap 3rd World goods.....................the line forms here to GIVE BACK  yer $7.99 Bangladesh Cotton shirts........Indian call centre help lines.....accountants and IT stuff..... yer Korean cars...Chinese everything else!!!!!!!......

  It is unstoppable now........have a bud who used to work for an American brake producer.............now has his own container loads coming in from China...and sells them across N America...cheaper than they could make em in Alabama (where Mercedes/Totota el al are producing stuff).....

 Unless you have "" inna ground (minerals/oil/water etc) OR a skill or product that is not importable cheaper from abroad...yer facked................

Yep…we are. I encourage young people to seek education in resource extraction, power generation, or catering to the people who sell stuff from China.

[safristi]

The willow bends but does not GIVE back..........that's the PATTERN.....my Moms fave.... .......How much fer the Welsh dresser.....

[dr_spock]

Time to learn to speak Mandrin.

[Snowman]

Time to learn to speak Mandrin.

Time to impose tariffs to off-set the artificially low Yuan.

[initial_D]

At least the Yuan is no longer fixed. 

Teaching English in China is very popular right now, not sure what the pay is tho.  Corporate culture is very different, don't think I can last 30 days in a Main Land China Corporate working environment.

[Snowman]

At least the Yuan is no longer fixed. 

Teaching English in China is very popular right now, not sure what the pay is tho.  Corporate culture is very different, don't think I can last 30 days in a Main Land China Corporate working environment.

At least the Yuan is no longer fixed. 

I would hardly call a 2% bump and trading within a range “free trade” double digits are required. Considering the environmental damage created by China with unregulated manufacturing a “green” tax should be added on top to make a level playing field.

[UmroAyyar]

There was never a level playing field, there will never be. The game is reversing now, our economies cannot compete with China at the same level or same markets. Value-addition in products gave a boost to our economies, Chinese and others are doing that now. As Snowman has said earlier, we need to focus on our strengths and raise the bar in those areas, again its value-addition to certain services and sectors which will lead us through.