The Future Of Foxconn: Problems

The entrepreneur was fuming over the phone. He is arguably angry: he had heard of a company had just been raided on trumped up charges and I spoke to him one evening after he returned to the UK. "Chinese people basically believe that their success in manufacturing is because Chinese people are so smart," he said. "But why does the world get stuff made in China? Just one reason: it's cheap." "That's the advantage. And it's going to be so easy for China to shoot that one advtantage away," he said.

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