|
|
This is only a preview of the paper
Click here to register and get the full text.
Existing members click here to login
|
|
|
ON MONDAY December 8th, Wen Jiabao, China’s prime minister, kicked off his three-day visit to America by ringing the opening bell at the New York Stock Exchange. It was a symbolic moment—a leader of the Chinese Communist Party firing the starting gun for the capitalist running dogs of Wall Street. The running dogs clapped, and no wonder: China is good for profits. Its limitless supplies of cheap labour, its efficient production platforms and its absence of currency risk have made it an integral part of international capitalism. In recent years, multinational companies have perfected the art of assembling their goods in China, selling them back to the West, and distributing the dividends to applauding Wall Street investors. Mr Bush is, however, shopping around for some concession on trade and exchange rates.
Approximate Word count = 490
Approximate Pages = 2
(250 words per page double spaced)
|
|
|
|
|
|