Article 1: Report: U.S. lost 1.5M jobs to China from 1989-2003 – Jan. 11, 2005
Article 2: Taipei Times – archives
Two articles today about jobs and China. The first focuses on currency issues, how Chinese goods are artificially cheap due to fixed exchange rates. The second article discusses the auto industry — like many articles this one states that US wages are “up to 25 times higher” than in China. While this article isn't an in-depth analysis, it unfortunately perpetuates the idea that wages are the only thing that matters.
What do you think? Scroll down to comment or share your thoughts and the post on social media. Don't want to miss a post or podcast? Subscribe to get notified about posts via email daily or weekly.
Mark Graban is an internationally-recognized consultant, author, and professional speaker who has worked in healthcare, manufacturing, and startups. His latest book is Measures of Success: React Less, Lead Better, Improve More. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. He also published the anthology Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also a Senior Advisor to the technology company KaiNexus.
Latest posts by Mark Graban (see all)
