Bossdog you are wrong. The labour laws existed prior to the change in how China applied their Central Planning, in fact the the conditions of employment are better now than before. They opened up the country to private enterprise but if you do not have roads, rail, factories then it does not matter how cheap is your labour. The Chinese Government provides massive incentives for business to open factories so that there is plenty of employment.
Classic case of the R & I bank started by the State Government of WA to help low income people and farmers. A very successful business, floated off to become Bankwest. Bought by Royal Bank of Scotland and and then sold off to CBA because RBS nearly went bankrupt.
QAN Price at posting:
$1.64 Sentiment: None Disclosure: Held
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