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Gains from Trade

Posted on August 26, 2008

James Fallows on who benefits most from China's manufacturing boom: China Makes, The World Takes: Has the move to China been good for American companies? The answer would seemingly have to be yes otherwise, why would they go there? It is conceivable that bad partnerships, stolen intellectual property, dilution of brand name, logistics nightmares, or other difficulties have given many companies a sour view of outsourcing; I have heard examples in each category from foreign executives. But the more interesting theme I have heard from them, which explains why they are willing to surmount the i...

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china , chinese , shenzhen