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Factories Shut, China Workers Are Suffering
Factories Shut, China Workers Are Suffering
An export slowdown that has been magnified by the global financial crisis is contributing to the shutdown of factories in China’s coastal regions. >
We Are All Flint, MI Now
We Are All Flint, MI Now
emptywheel.firedoglake.com — Flint I was talking with mr. emptywheel about what one of the bad--but by no means worst--case... scenarios in a GM bankruptcy would be. This scenario is just one of several that might happen--by no means guaranteed, and Congress would fight the ... (more) We Are All Flint, MI Now
Do Not Want
Do Not Want
eschatonblog.com — This is rather ominous: LONG BEACH, Calif. — Gleaming new Mercedes cars roll one by one out... of a huge container ship here and onto a pier. Ordinarily the cars would be loaded on trucks within hours, destined for dealerships around the country. But these are not ordinary times. For now, the ... (more) Do Not Want
Chinese Automakers May Buy GM and Chrysler
Chinese Automakers May Buy GM and Chrysler
thetruthaboutcars.com — Chinese carmakers SAIC and Dongfeng have plans to acquire GM and Chrysler, China’s 21st Century Business Herald... reports today. [A National Enquirer the paper is not. It is one of China's leading business newspapers, with a daily readership over ... (more) Chinese Automakers May Buy GM and Chrysler
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LA Ports in October: Export Traffic Below 2007
Calculated Risk — ... This slowdown in exports (inbound traffic to the U.S.) is hitting countries like China hard, from the NY Times: Factories Shut, China Workers Are Suffering ...

The Great Fall of China
Newshoggers.com — ... By BJ The great economic engine of China is starting to grind to a halt. For decades, the steamy Pearl River Delta area of southern Guangdong Province served as a primary engine for China’s astounding economic growth. But an export slowdown that began earlier this year and that has been magnified by the global financial crisis of recent months is contributing to the shutdown of tens of thousands of small and mid-size factories here and in other coastal regions, forcing laborers to scramble for other jobs or return home to the ...

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