- Hardcover: 352 pages
- Publisher: Penguin Press HC, The; First Edition edition (March 27, 2008)
- Language: English
- ISBN-10: 1594201579
- ISBN-13: 978-1594201578
- Product Dimensions: 6.3 x 1.2 x 9.2 inches
- Shipping Weight: 1.2 pounds (View shipping rates and policies)
- Average Customer Review: 38 customer reviews
- Amazon Best Sellers Rank: #115,915 in Books (See Top 100 in Books)
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The China Price: The True Cost of Chinese Competitive Advantage First Edition Edition
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From Publishers Weekly
Dreaded by competitors, the China price has become the lowest price possible, the hallmark of China's incredibly cheap, ubiquitous manufacturers. Financial Times editor Harney explores the hidden price tag for China's economic juggernaut. It's a familiar but engrossing tale of Dickensian industrialization. Chinese factory hands work endless hours for miserable wages in dusty, sweltering workshops, slowly succumbing to occupational ailments or suddenly losing a limb to a machine. Coal-fired power plants spew pollutants into nearly unbreathable air. Migrants from the countryside, harassed by China's hukou system of internal passports, form a readily exploitable labor pool with few legal protections. The system is fueled by Western investment and, Harney observes, hypocrisy. Retailers like Wal-Mart impose social responsibility codes on their Chinese suppliers, but refuse to pay the costs of raising labor standards; the result is a pervasive system of cheating through fake employment records and secret uninspected factories, to which Western companies turn a blind eye. But Harney also finds stirrings of change; aided by regional labor shortages, rising wages and intrepid activists. Chinese workers are demanding—and gradually winning—more rights. Packed with facts, figures and sympathetic portraits of Chinese workers and managers, Harney's is a perceptive take on the world's workshop. (Mar. 31)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
About the Author
Alexandra Harney has been working in Asia as a journalist for most of the past decade. She has covered China and Japan for The Financial Times and was an editor at the newspaper in London. From 2003 to 2006, she was the FT's South China correspondent. This is her first book.
Top customer reviews
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Consumer appetite to pay as little as possible for goods helps keep Chinese jewelry factories filled with dust, illegal mines open and 16-year-olds working past midnight. We all pay the China price; this is the content of The China Price book.
The China price has seen its glory days. China cannot keep up the low competitive advantage forever. The book brings up a good point that we as a consumer will need to pay more for the goods to improve working conditions in factories of China.
Why should we care? The China price is a global phenomenon because China is a dominant supplier of countless consumer goods worldwide - China's labor issues are now world's labor issues. The pollution created by the factories in China is starting to affect the ecosystem of the world - and we all are paying (the price) for it.
The China Price, is the low price we pay here in the west. The book discusses the impact in China that this low cost creates. The Chinese government, employees, environment and multinationals all pay costs, usually detrimental, to be the cheapest product provider.
For the employees, long hours in dangerous conditions are common. The government- confusing and conflicting rules along with institutionalized corruption. The environment suffers from immense pollution issues.
If nothing else, this book will make you think as you shop for that low low price.
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