Is It Time to Stop Doing Business with China?
Given the choice of Chinese chickens or Tyson’s, which would I opt for?
[BACKGROUND MUSIC] “Jeopardy” theme
Below is a logo I designed for companies that care about the safety and well-being of their customers by guaranteeing that they do absolutely, positively no business with China. If I saw this logo on my Doritos, cereal, Bisquick, chicken, cake mix, Jell-O, frozen dinners, peanuts, child’s teddy bear and hundreds more products, I would feel good about buying these products. What’s more, I would be more likely to buy products with this logo than those without it.
“Never compete with China on costs or Wal-Mart on price,” said business guru Tom Peters. Maybe it’s time to stop doing business with China. My files on Wal-Mart overfloweth. Maybe Wal-Mart deserves an analysis in a future column.
BREAKING NEWS ABOUT CHINA
Fast-Growing China Says Little of Child Slavery’s Role
From the densely packed factory zones of Guangdong Province to the street markets, kitchens and brothels of major cities, to the primitive factories of China’s relatively poor western provinces, child labor is a daily fact of life, experts here say, and one that the government, preoccupied with economic growth, has traditionally turned a blind eye to.
“In order to achieve modernization, people will go to any ends to earn money, to advance their interests, leaving behind morality, humanity and even a little bit of compassion, let alone the law or regulations, which are poorly implemented,” said Hu Jindou, a professor of economics at the University of Technology in Beijing. “Everything is about the economy now, just like everything was about politics in the Mao era, and forced labor or child labor is far from an isolated phenomenon. It is rooted deeply in today’s reality, a combination of capitalism, socialism, feudalism and slavery.”
—Howard W. French, The New York Times, June 21, 2007