Chinese to buy Travel Trailer company
Same thing has happened in Australia, where the Chinese purchased a what was dead a brand, that was revived, then bought by the Chinese Chinese purchase US Travel Trailer business
Forum Discussion
As we all have opinions about China and jobs and the economy we should take a minute and try to understand the cycle we are tied to in this "global economy".
Right now the average wage in China is very very low....but it is on the rise. Meanwhile in the US pay scales are in fact falling. When the US pay scale falls and meets the rising China pay scales at a point that is equal...(China-US approximately equal pay) then the Chinese goods will begin to rise in price with rising pay in China. At that point China will look to the U.S. to build factories.
This cycle has already happened in Japan. Remember when it seemed everything was made in Japan? Then as the Japanese pay scales rose to levels higher that the U.S. pay scales, companies like Toyota and Honda began building factories in the USA. Why?? Not because the loved America but because it was cheaper in the US and the finished goods did not have to be sent over here on boats!....It is all simple basic economics....this should be taught in grade schools....wake up America and smell the money....in the end it is all about money....national pride has nothing to do with it!
The only thing that delayed Japan's establishment of factories in the USA was the "union-problem" here in America. The Japanese knew that they would fail if the UAW got its hooks into their labor force. History showed the folks at Toyota and Honda that they too would go bankrupt just like General Motors if the unions corrupted their work force. Once they were sure that they could stop the UAW from tampering with their labor force it was full speed ahead.
The Honda/Toyota experiment proved that labor and management could work together to make quality motor vehicles. The work force at Toyota USA and Honda USA do not want or need a union!
Right now the average wage in China is very very low....but it is on the rise. Meanwhile in the US pay scales are in fact falling. When the US pay scale falls and meets the rising China pay scales at a point that is equal...(China-US approximately equal pay) then the Chinese goods will begin to rise in price with rising pay in China. At that point China will look to the U.S. to build factories.
This cycle has already happened in Japan. Remember when it seemed everything was made in Japan? Then as the Japanese pay scales rose to levels higher that the U.S. pay scales, companies like Toyota and Honda began building factories in the USA. Why?? Not because the loved America but because it was cheaper in the US and the finished goods did not have to be sent over here on boats!....It is all simple basic economics....this should be taught in grade schools....wake up America and smell the money....in the end it is all about money....national pride has nothing to do with it!
The only thing that delayed Japan's establishment of factories in the USA was the "union-problem" here in America. The Japanese knew that they would fail if the UAW got its hooks into their labor force. History showed the folks at Toyota and Honda that they too would go bankrupt just like General Motors if the unions corrupted their work force. Once they were sure that they could stop the UAW from tampering with their labor force it was full speed ahead.
The Honda/Toyota experiment proved that labor and management could work together to make quality motor vehicles. The work force at Toyota USA and Honda USA do not want or need a union!
