You will learn about who are the victims of forced labor in China. What does the rest of the world have to say about it? How was China able to gain a competitive edge over the United States that caused multinational corporations to move production facilities to China?
Consequently, many industries such as steel, garment, furniture, and pharmaceuticals were shut down in the United States. In addition to Chinese cheap labor costs, tax incentives, and little environmental regulations, the Chinese government has been using currency manipulation, forced labor, and subsidy tactics to lower the price of exports.
The contents of this podcast are from our book China! Good, Bad & Ugly: Social & Economic Factors. Follow us on Facebook at Ahbonbon Facts and Twitter @AhbonbonFacts.
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