In less than a decade, factory wages in China have probably more than tripled. To imagine the effects of that, think of how different the U.S. would be if average $15.61 ffactory wage of 10 years ago now rose to...
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Photograph by Wang Zhongju/Color China Photo/AP Images
Inside the factory of a Foxconn subsidiary in Zhegzhou, Henan Province
If U.S. Wages Rose as Fast as China’s, Factories Would Now Pay $50 an Hour
Photographer: David Paul Morris/Bloomberg
Carson Block, founder of Muddy Waters LLC. Block's investigations and short selling have gotten him chased out of China.
Going Short on China
Bloomberg’s Nikolaj Gammeltoft today profiles Carson Block, the 36-year-old short seller whose Muddy Waters fund is embroiled in a knock-down, drag-out fight with Singapore-based Olam International Ltd. The story’s not just essential background to the Olam fight that has been...
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