Bloomberg: For six years, the General Motors factory that used to make Chevy Trailblazers in Moraine, Ohio, sat abandoned, a rusting monument to the decline of the American auto industry.
These days, the plant is humming again, fueled by a resurgent U.S. consumer -- but now under Chinese management. On the shop floor, Chinese supervisors in sky-blue uniforms that carry the logo of the new owners, Fuyao Glass, teach American employees how to assemble windshields.
Drive along Interstate 75, through America’s industrial heartland, and you’ll find no shortage of Chinese-owned firms like Fuyao. They’re setting up shop in states such as Ohio and Michigan, key voter battlegrounds in November, where traditional manufacturing has been hollowed out -- in many cases, by trade. With China.
These are not government jobs. What happens when the Chinese find they have to cover government jobs, and they get fed up and leave?
No comments:
Post a Comment