Approx 1 in 4 American companies Plan to leave China

I knew this would be the plan since Bill Clinton's free trade agreement. Send our manufacturing to third world countries where it's cheap to operate. Once the foreign labor pool starts to get to a higher wage and living standard, pull up stakes and move to the next cheapest country. All the while our wages and living standards in the U.S. get lowered until we are at the same level as the rest of the world. Then maybe, just maybe, when our living standards and wages are low enough, bring the manufacturing jobs back home. Once the playing field is level throughout the world the corporations will have won and have free reign over the planet to keep the profits as high as possible where ever they operate.

The consumer base will shrink though and that is where this plan will hit a glitch. When only a small percent of the wealthy can afford even the cheapest of products, demand will drop way off, then what? Government subsidized slave labor perhaps? The creation of a few mega monopolies when the surviving corporations buy up all the dying businesses? IMO, nothing good will come of this massive folly.

The worker's paradise led by the communist party says wages are to high and they are even resorting to importing 3rd world workers.. In the mean time the Chinese have ripped off just about everyone who has started an offshore business there.