1. Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Workers Riot at Foxconn Chengdu iPhone/iPad Plant

Discussion in 'News' started by btarunr, Jun 7, 2012.

  1. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    6,354 (6.49/day)
    Thanks Received:
    2,119
    Location:
    Concord, NH
    Is that why the US' GDP is 15 trillion USD and China's is 5.93 trillion? You make it sound like material exports determine a countries' economic status. :banghead:
     
  2. Prima.Vera

    Prima.Vera

    Joined:
    Sep 15, 2011
    Messages:
    2,240 (2.01/day)
    Thanks Received:
    293
    No, this is why US debt is ~16 trillion. Greece was bankrupted for A LOT less....
     
  3. Dent1

    Joined:
    May 18, 2010
    Messages:
    3,151 (1.97/day)
    Thanks Received:
    913
    Why do you fight it. I already posted an article earlier from a reputable source saying that manufacturing in China is increasing and almost near USA. I posted the link and everything. Are you saying the article is wrong?

    GDP isn't good measurement in this situation. If you use GDP you are actually showing that USA is worse off.

    The way GDP measurements are based around the cost of material, supplies and services used to produce final goods or services.

    Naturally products in USA will cost more overal due to higher labour costs, higher material costs, thus the end product will cost more in retailers/shops so profit can be made. Therefore because American produced product sell for more in retail outlets the GDP is higher.

    So really 15 trillion USD vs 5.93 trillion is just showing that products made in USA cost more to produce and sell for more and that products made in China are made cheap and are sold cheaply. It really has nothing to do with whether manufacturing is growing, stabilising or increasing (unless you compare trending metrics over long durations)

    An example of GDP could be:

    I can build 1,000 budget computers costing £500 per unit, grossing per year £500,000 (China)

    Where whereas you can build 6,000 high end computers costing £1500 per unit, grossing per year 9000,000 (USA)

    Even though I manufactured more PCs than you and sold for cheaper, you still grossed more than me (GDP). It doesn't mean you manufacture more it means you gross more due to higher prices and labour.
     
  4. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    6,354 (6.49/day)
    Thanks Received:
    2,119
    Location:
    Concord, NH
    That assumes that 100% of the US' GDP reflects only exports, which isn't true. There is a lot of products produced in the US that are used internally which reduces how much we need to import. You can't deny that the US is an economic power house weather physical products are created here and exported or not. Now don't get me wrong, I'm not saying that the US is perfect, but the only reason things cost less in China is because they treat their citizens like crap. The quality of life in the US for most average Americans is pretty good and the cost to maintain that style of living requires higher wages.
     
  5. acerace

    acerace

    Joined:
    Sep 13, 2011
    Messages:
    252 (0.23/day)
    Thanks Received:
    57
    Location:
    Malaysia
    Gosh, stop it. We live in a same small world. We need each other, don't fight anymore, it's not healthy.
     
  6. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    6,354 (6.49/day)
    Thanks Received:
    2,119
    Location:
    Concord, NH
    It's surprising how many people don't realize that.
     
  7. Prima.Vera

    Prima.Vera

    Joined:
    Sep 15, 2011
    Messages:
    2,240 (2.01/day)
    Thanks Received:
    293
    Tell that to my brother who almost died in Afganistan fighting other nations (read US) wars...
    Question is, for what, why, what is the purpose??:shadedshu


    In China unemployment rate is ZERO(0%), they offer free apartments to all graduates, free schools, some areas have free local transportation, etc. Lower wedge? Yeah....they don't pay rent, mortgage, 1 million taxes, etc...Let's not judge before knowing all the facts ;)
     
    Last edited: Jun 8, 2012
  8. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    6,354 (6.49/day)
    Thanks Received:
    2,119
    Location:
    Concord, NH
    Just because everything is free, doesn't mean that it is good. I would like to be able to actually own my house, thank you. :)

    If it is so good, why don't you move to China? :rolleyes:
     
  9. random

    random

    Joined:
    Oct 19, 2008
    Messages:
    3,043 (1.40/day)
    Thanks Received:
    686
    I heard medical bills are also free, if someone hits you with their car, they're liable for all expenses. Don't be surprised if your daughter gets run over by a poor man's car who will most likely choose to kill her then run, rather than injure her and pay her medical bills the rest of his life.
     
  10. Mussels

    Mussels Moderprator Staff Member

    Joined:
    Oct 6, 2004
    Messages:
    42,283 (11.59/day)
    Thanks Received:
    9,564
    from what i see on news sites reporting on chinas living conditions, those 'free' accomodation that students get, is worse than the homeless in other countries. food vendors using sewage as cooking oil, 'fresh' produce soaked in contaminated river water to make it weigh more before sale...

    everywhere has its own problems, and chinas are certainly worrying. its no wonder people there have problems with the conditions.
     
    erixx says thanks.
  11. hardcore_gamer

    hardcore_gamer

    Joined:
    Jan 25, 2011
    Messages:
    388 (0.29/day)
    Thanks Received:
    174
    Location:
    Fabry Perot cavity,AlGaAs-GaAs Heterojunction
    If all big countries are in debt, then who has all the money ?
     
  12. random

    random

    Joined:
    Oct 19, 2008
    Messages:
    3,043 (1.40/day)
    Thanks Received:
    686
    banks
     
  13. entropy13

    entropy13

    Joined:
    Mar 2, 2009
    Messages:
    4,936 (2.42/day)
    Thanks Received:
    1,211
    A Chinese truck driver already ran over a young boy twice to save himself from medical costs.

    A young girl was ran over by at least 4 different vehicles but eventually died after a few days.

    Sewage for cooking oil, fermented human hair for soy sauce, exploding watermelons, exploding sewers, sidewalks suddenly collapsing, crashing bullet trains, no safety measures in place to prevent bullet trains from crashing with another, a lot of fake products, walnuts made of cement, exploding coins, red/yellow/orange (literal) rivers, slimy and green beaches, high-rise apartments with shoddy foundations, randomly exploding apartments, exploding monitors, pillows filled with rubbish, punching bag filled with garbage, Chinese pet shops injecting puppies with heroin, exploding toilets, seaweed that is actually plastic, bridge partially made of rubbish, hairbands made from condoms, etc.
     
    v12dock and Aquinus say thanks.
  14. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    6,354 (6.49/day)
    Thanks Received:
    2,119
    Location:
    Concord, NH
    I suddenly became a lot happier to be an American citizen.
     
  15. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    6,354 (6.49/day)
    Thanks Received:
    2,119
    Location:
    Concord, NH
    Good Morning America on ABC here in America just showed a sink hole in the middle of a street in China that swallowed a full size SUV.
     
  16. Prima.Vera

    Prima.Vera

    Joined:
    Sep 15, 2011
    Messages:
    2,240 (2.01/day)
    Thanks Received:
    293
    Wow!!! So many hypocrites in one place! People that never lived 1 minute in other country thinks they know everything only by watching YouTube and 6o'clock news!! Great! You guys are very "enlightened". In deed!
    Personally I'm work traveling a lot into Asia to know how things REALLY are. And that Filipino guy should be the last person saying bad things about China. We both know why ... ;)
     
  17. entropy13

    entropy13

    Joined:
    Mar 2, 2009
    Messages:
    4,936 (2.42/day)
    Thanks Received:
    1,211
    They have ships in our territory and I'm supposed to be the last person saying bad things about them?
     
  18. HossHuge

    HossHuge

    Joined:
    Jun 26, 2008
    Messages:
    2,041 (0.89/day)
    Thanks Received:
    500
    Location:
    EDM, AB, CAN
    I guess the rioters figured that nothing has changed since the people were killing themselves so they are rioting instead. No sense killing yourselves when nothing is going to happen.

    I've never really understood why everyone has a hate-on for China. Every country is fucked up somehow.

    Remember, they have 1/4 of the world's population to deal with. What other organization has to manage that many people?

    The Philippines extradited 10 Taiwanese to China last year and not back to Taiwan. So should I be saying bad stuff about The Philippines?
     
    Last edited: Jun 8, 2012
    Aquinus says thanks.
  19. St.Alia-Of-The-Knife New Member

    Joined:
    Mar 9, 2011
    Messages:
    195 (0.15/day)
    Thanks Received:
    32
    Location:
    Montreal, Canada
    As far as i know, at least some of them are rumors
     
  20. TheMailMan78

    TheMailMan78 Big Member

    Joined:
    Jun 3, 2007
    Messages:
    21,046 (7.86/day)
    Thanks Received:
    7,599
    Ive been to Asia more the a "few" times and let me tell you there isn't American hiding in shipping containers for a chance to live in China.
     
  21. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    6,354 (6.49/day)
    Thanks Received:
    2,119
    Location:
    Concord, NH
    Even a hand full of these are pretty bad, some might be rumors but what about the rest that aren't. Some of these are really bad.
     
  22. Dent1

    Joined:
    May 18, 2010
    Messages:
    3,151 (1.97/day)
    Thanks Received:
    913
    You are getting confused. There are three equations for calculating GDP.

    You are talking about the government expenditure formula which factors in import and export.

    The formula I'm talking about is aimed at production in a given country. All my examples are based on production not government expenditure or citizen income level which has a different formula and has a different set of statistics.

    Of course US is an economic power house.

    That's not totally true. Yes the government can do more, but another reason things are cheaper in China is because western societies like America and Europe have set up companies abroad in China and have manipulated unskilled workers, underage workers into working long and unsociable hours for a low wage. Plus China has access to natural materials like coal, iron ore, magnetite, petroleum, aluminium so their value is very cheap due to it's availability thus making the end product cheaper to produce, whereas in USA those materials are rare thus the end product cost more.


    So if a poor Chinese person lives with 3 uncles, an 2 aunties, and have 8 babies between them in a bedroom flat with no heating, internet or electricity because its all hey can afford, it's OK for them to be exploited because their standard of living doesn't require a high wage?


    I've met plenty of western people whom have decided to live in China and South East Asia full time. They wanted a better quality of life (you can live like a millionaire on a average western salary)
     
    Last edited: Jun 8, 2012
  23. Aquinus

    Aquinus Resident Wat-man

    Joined:
    Jan 28, 2012
    Messages:
    6,354 (6.49/day)
    Thanks Received:
    2,119
    Location:
    Concord, NH
    I never said I condone what is happening to the Chinese people and I truly feel for them. Something has to change but it won't be the rest of the world to bring upon that change. I'm also sure that they didn't choose that standard of living. Just because some very wealthy Americans can afford 10 cars and a private jet doesn't mean all Americans can and quite frankly I don't condone the actions of the super rich either. I believe that all people have a right to a reasonable quality of life and I do mean everyone, Chinese, American, Taiwanese, you name it. We're all human beings and none of us are any better than the next man or women.
     
    Dent1 says thanks.
  24. xkm1948

    xkm1948

    Joined:
    Mar 18, 2008
    Messages:
    404 (0.17/day)
    Thanks Received:
    17
    Location:
    eugene
    Completely BS. I have lived in China for more than 5 yrs and what you described was the red China in 1960s under Mao's rule.
     
  25. xkm1948

    xkm1948

    Joined:
    Mar 18, 2008
    Messages:
    404 (0.17/day)
    Thanks Received:
    17
    Location:
    eugene
    Experienced it first hand. Mostly because Chinese/Asian people have this strange admiration of US.
     
    Dent1 says thanks.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guest)

Share This Page