Decline Watch or Renewal Watch?

From Foreign Policy Thu Nov 8 2012, 21:12:53

Since the election picked up, I've been remiss in updating our semi-regular "Decline Watch" feature, which charts examples of America's falling fortunes and reduced influence in the world. But after reading that America's newest job creator might be Foxconn -- the Taiwanese technology manufacturer best known for suicides and riots at its Chinese plants -- I'm wondering if we should create a new category for news that could conceivably be signs of either decline or renewal:

With an 800,000 strong workforce largely based in mainland China, Foxconn is one of the businesses that has profited from the decline of western manufacturing. Now the firm is apparently planning to reverse the labour drain by opening American factories.

As labour costs surge in its home market Foxconn has been looking overseas for opportunities, and sources have told Taiwanese trade publication DigiTimes that the company is evaluating cities including Detroit and Los Angeles.

The Guardian notes that despite the welcome increase in U.S. manufacturing jobs, "Foxconn will have to adapt its formula, however, because America does not have armies of workers willing to survive on a few hundred dollars a month and live in dormitories."

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

Congo-Brazzaville:   President's Daughter Charged With Corruption in France (news)
Radio France Internationale
26 June 2017

Investigators have widened a corruption probe into the French assets of three African ruling families, charging the daughter and son-in-law of Congo's President Denis Sassou Nguesso. Julienne Sassou ... [read more]

Congo-Kinshasa:   UN Rights Body Votes to Investigate Kasai Killings (news)
Al Jazeera
24 June 2017

The United Nations has opened an investigation into killings in central Democratic Republic of Congo, though some Western countries and campaign groups say they had hoped it would have a stronger ... [read more]

Africa:   Changing Perceptions on Display at U.S.-Africa Business Summit in DC (news)
allAfrica.com
26 June 2017

"We must change the lenses with which we look at Africa from the traditional development mindset to an investment mindset," Akinwumi Adesina, president of the African Development Bank (AfDB), told ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!