Guess What Else Won’t Force Manufacturing From China: Rising Shipping Costs
In case you haven’t heard, The Internet tells us that there’s a mass exodus of manufacturing from China in the wake rising labor costs, and appreciation of the RMB. In a time of rising, or is it falling [?], oil prices The Internet/Reputable Print Media is now telling us that rising shipping costs mean that China is no longer the place for manufacturing. But, The Internet tells us many many perplexing things. And Reputable Print Media? Well… Fortunately, somebody at The Economist decided to look at actual numbers and interview some people in China.
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Sports Aren’t About Wonders of Athletic Prowess
Think fast! Can you name the sport with the most expensive television rights in the world? With 34.4 billion hours of viewing time 2004, and even more projected in 2008 (and this being a blog with a focus on China) you’d expect that the answer would be the Olympics. But, the IOC is not purely focused on profit; there’s also something about spreading the Olympic cheer.
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South Korea Lifts Ban on Sex Selection
In a region where female infanticide is still reality, South Korea’s highest court ruled that parents have the right to know the sex of their unborn babies.
On Thursday, the South Korean Constitutional Court overturned a law prohibiting doctors from informing parents of the sex of the foetus, which it said was “out of step with social changes” and in breach of the rights of medical workers, AP reported. The country had initiated an awareness campaign called “Love Your Daughter”, which they believe has curbed the trend of aborting females.
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