Monday, September 13, 2010

'Made in Italy' by the Chinese

This is an interesting article to me seeing this has been happening in the US for years. We once were a leather industry town until all was sent packing overseas because the cost of doing business in the states made it a problem to compete with India and China.
Lots of luck staying in business in any state or country for that matter. Statements that the Chinese goods are inferior is something I can attest to. In some respects it is just a learning curve but also is the fact that the Chinese will work for less and do not have to uphold rigid standards and regulations, some good some bad, that governments and unions heave onto their employees.
My closing thought is that all of us have seen a lowering in the standard of living which will stay until we decide to again become a capitalist country.

in reference to: Chinese Remake the ‘Made in Italy’ Fashion Label - (view on Google Sidewiki)

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