E-mail updates
Follow on Twitter
Subscribe to RSS
Peter Parks / AFP - Getty Images
Sales in China helped GM retake the title of world's largest automaker from rival Toyota.
By Douglas A. McIntyre and Charles B. Stockdale, 24/7 Wall St.
The primary reason, it is often argued, that China is an important market for many large U.S. companies is that its population has doubled since the early 1960s. But the whole picture is actually more complex than that. China’s real appeal to American corporations is that the huge population growth has been coupled with a sharp expansion of the middle class. As a result, the Chinese market probably will become more important to consumer goods and technology companies in the next few decades than the U.S. is today.
China’s population in 1960 was 667 million; more than double that of the United States in 2010. China now has 1.34 billion residents. The increase would not matter much to companies if the population was still largely rural and poor, as it was half a century ago. But, in fact, the manufacturing industry that has become the engine of China’s GDP growth also has rapidly built a huge middle class, one made up primarily of factory workers. And this middle class continues to grow. The United Nations Population Division and Goldman Sachs predict China will have 1.4 billion middle-class consumers by 2030, compared to a forecast of 365 million in the U.S. The stakes for American companies in China are rising.
24/7 Wall St.: Worst product flops of 2011
The most important consumer target markets for companies in China largely mirror those in the U.S. American companies find themselves competing with foreign multinationals for these sales.
Retailers, led by American companies like Wal-Mart, have begun to open thousands of locations across China. Much of the competition for the retail market there comes from corporations based outside America, particularly France’s Carrefour. The situation in the athletic gear market is similar. Nike has a strong sales base in China, but so does Germany’s Adidas. Li Ning, a Chinese company, is the second largest market share in terms of sales. General Motors is the leader in the Chinese light truck and car market. Volkswagen sells nearly as many vehicles as GM. Several large local car companies are owned and operated, in part, by Chinese government-controlled entities.
American companies that need strong sales in China to maintain their positions as global leaders will face challenges unique to the People’s Republic. The level of piracy of Western goods is remarkably high. Microsoft estimates four-fifths of Windows OS software in China is pirated (msnbc.com is a joint venture of Microsoft and NBC Universal). Apple iPhone knockoffs are widely available as well. American corporations will have to fight the problem, but accept that it cannot be entirely conquered, or, in some cases, even significantly reduced. Even manufacturers like Boeing and GM have to contend with the fact that their Chinese partners may “borrow” some of their expertise and patent-protected knowledge.
24/7 Wall St. has identified the American companies that have done the best job of tapping into this growing market. We reviewed America’s most iconic, top-selling brands at home and abroad that reflect a cross-section of the economy. We then selected 10 companies with the largest market share in China by industry and product category to identify the most popular American brands with the most to gain — and the most to lose.
1. KFC
- Market share: 40 percent (Yum! Brands)
- Industry: fast food
- Competition: McDonald’s
KFC has become a sensation in China. Since the first restaurant opened in Beijing in 1987, the chain has grown to more than 3,200 locations in 650 cities, according to Bloomberg. McDonald’s, the second most prominent fast food chain, operates 1,100 locations. McDonald’s commands only 16 percent of market share, while Yum! Brands, which owns KFC, has 40 percent. KFC is so hugely popular that the company plans to increase its number of restaurants in China to 20,000. China accounted for 29 percent of Yum! Brands’ measured-media ad spending and 36 percent of its worldwide revenue in 2010, according to Ad Age . While McDonald’s restaurants in China have an almost identical menu to those in the U.S., KFC offers local patrons a number of more familiar dishes, such as Chinese-style porridge for breakfast.
24/7 Wall St.: Best- and worst-run states in America
2. General Motors
- Market share: 12.8 percent
- Industry: automotive
- Competition: BYD, Toyota
General Motors passed Toyota Motor in the first half of 2011 to become the largest automaker in the world. It is also the top-selling brand in China. GM’s presence in the country is still expanding. In the first half of 2010, the company sold more vehicles in China than in the U.S. for the first time ever. At that time, China accounted for a quarter of the company’s global sales, according to the New York Times . Since 2000, the company’s market share in China has grown from 3.4 percent to 12.8 percent. Last year GM sold more than 104,000 LaCrosses, one of its most popular models in China. GM operates in China through joint ventures with a number of Chinese companies, such as SAIC Motor.
3. Microsoft
- Market share: 99.3 percent
- Industry: PC operating systems
- Competition: N/A
Microsoft dominates the PC operating systems market in China. According to web analytics company Baidu Tongji, the company has about 99.31 percent of market share. Apple’s Mac OS and Linux have virtually no representation. Due to rampant piracy, however, Microsoft makes only a fraction of the revenue it would make if everyone in China bought software directly from the company. Nearly 80 percent of PC software is pirated in China. According to Microsoft CEO Steve Ballmer, the company’s revenue in China will only be about 5 percent of what it is in the U.S., despite almost equal sales of personal computers in the two countries, the Wall Street Journal reports.
Click here to read the rest of the most popular American companies in China.
Leave a Comment:
US companies need and dependent on China market.
I dont know China is good because its a new market to be discovered, but aside from that companies would be fine. China is pretty over rated IMO.
China needs US to conceive, manufacture, and market things FOR THEM TO STEAL. They need OUR engineers to develop workable ideas and then they steal them and profit from them as though it was theirs to start with. If I were Microsoft i would develop a virus that actually shuts down ALL pirated systems. They could not be held responsible for assuring their product is not adulterated or stolen and used on counterfeit computing systems.
@ray4a
China doesn't need USA, you're dreaming. America needs it's engineers working here, it's middle class growing and not dying because "China needs US to conceive, manufacture, and market things FOR THEM TO STEAL."
Americans need their jobs back and in manufacturing, cities like Detroit are not just ghost-cities and murder-infested, so the kid who has no academic skills to make to university can get a blue-collar job. So microsoft wont have to look at other 3rd world contries for engineers. America has less qualified engineers when you have education sooo expensive for the majority.
Give me a break! "China needs America"
Wake up!
Some American companies who have expanded overseas have actually strengthened their long-tern viability. Take tobacco companies: Americans got smart and began quitting smoking in droves, so the American tobacco companies began rapidly expanding their distribution and marking in Asia and other high-smoking regions. American tobacco-region growers have profited.
And I think this article understates the menu modifications that fast food companies make overseas. Heck, even in Hawaii, McDonalds offers saimin and malasadas. I bet it's not hard to order wholly local-flavor meals in other countries, along with the American favorites.
P.S. They can have McDonald's and KFC. Yuck! I'd rather have more local, fresh food restaurants in the U.S. than these bland mass producers of fatty, low-nutrition junk food. But it's fine if the top executives and patents stay in the U.S.
This is where all the tax breaks for the "job creators" went to;China. American corporations will take all they can bleed out of us and use it to get the edge on the bigger market. Unpatriotic? No, just business.
LOL......
The report FAILED to list GE. Now, I wonder why since the CEO GE is Mr. Obama's jobs Czar who has shipped more jobs to China than ANY OTHER U.S. company.
Wait a minute.....Mr. Obama is NOW pushing for job creation in the U.S. so he can tout that ALONG HIS CAMPAIGN trail, and say the Republicans are blocking his job creation effort.
Wait another minute.....This Administration said that unemployment would be at or below 8% if Stimulus #1 was passed and we would be in a depression without it. Sheesh, and the Libs will say it saved 3,000,000 jobs. LOLOLOL.
I've been to China many times and before i even opened this article i knew KFC would be number 1 Chinese say american food and that means fast food to them.
And here ya go Americans. Boycott these corporations and boycott everything from china sold here. Our middleclass destroyed by corporations building the china middleclass and stuffing their pockets with profits from cheap labor.
let's not forget...we let stupid people rule the world
Hurry, hurry boycott China, oops I meant GM, Ford, GE, KFC, McDonalds, Microsoft, etc., for outsourcing those precious American jobs overseas. But I bet all the delusional BIGOTS will probably still defend those American corporation JUST because they're "patriotic" and have the upmost respect for American origins LOL!
Jeees" I know of a little shop down the road that survives just fine on the neighborhood consumers..To think that an American company needs to survive with another countries 1.4 billion consumers when they have 356 million right here in their front yards is unconscious..
Corporations didn't kill America. Unions did. Priced us right out of the market, and did it on the backs of the masses of non-union workers in this country. The throngs of us who made $8 an hour the entire time, now have WAY more purchasing power thanks to the influx of cheap Chinese products. By cheap, I mean price. Contrary to what you faggots always say, my Chinese-made Sanyo TV is still running strong 16 years later. My Curtis Mathis died after 2. It's all just more of the lies and fallacies perpetuated by the union homos.
Last I checked KFC, Mcdonalds and starbucks aren't union so what's your point? To me unions are a reason we have a middle class. Why don't you see the real reason it's called GREED by companies.
Urgay Do you even know why unions were started? Its' not the union in itself it's the people that run it. There was a time in this country when Americans worked for slave labor wages. Now we're protected by laws and unions from that. Now the slave labor wages are in the third world countries because companies are more concerned about profits than their country. Start the blame game there.
American citizens should avoid buying from the companies stated above because they prostituted this country for profit.Knocking american workers out of employment for the sake of profit is un american to me. Especially bill gates and microsoft. He is willing to spend 900 million dollars in africa to eliminate aids and build his x-box factories in china then give an american a decent paying job. I dont and will not buy anything that microsoft manufactures.
Last time I checked, Microsoft still does most of its development work in Redmond, Washington where it employs thousands of Americans. That includes not only MS software, but also the Xbox hardware development. Did you miss the part of the article about how MS software in China is mostly stolen and that MS hardly gets any revenue from China?
Wow, you want to punish an American company whose #1 product has been blatantly stolen by millions of Chinese? Yeah, I bet that will teach Microsoft a lesson and persuade them to hire more Americans -- to create even more new products that the Chinese can steal.
Of course, it's not just the Chinese that steal Microsoft's product. You said don't buy anything that comes from Microsoft, but I bet you typed your Newsvine post on a Windows PC. Is your copy of Windows authentic? LOL!
"I dont and will not buy anything that microsoft manufactures."
Jimmy....please tell the posters what OS you are using. Just curious.
Many American companies flock to China to pay Chinese workers low wages.
Thus, many American workers do not have a job.
If the C.E.O's would cut their bloated salaries, some of these jobs could be brought back to the states.
@Jim
American companies should never stop buying from the companies stated above because they are successful markets. I disagree with your opinion because prostitution for profit is very AAmerican. You have to understand that we live in a free market economy, and that is the reason we have been able to maintain our dominance over the world this long. We need to open markets over China, how else are we going to pay them back our imense debt. They did the same thing opening their markets here, so, now its our turn. Besides, if you have a computer science background it not that hard to land an entry level job in Microsoft. I was chosen for an interview when I applied for a job there, the reason I declined to go to the interview was because the interview was literally held in Washington, and I am not talking about the capital. Microsoft is a reasonable company in my oppinon, and I have never heard of it outsourcing jobs.
I never bought from any of these companies, but now I'm going to frequent them as much as possible. It will feel good to rub it in the noses of the union babies who had it so good on the average person's back.
I'm really happy for these American Job Creators creating so many jobs and opportunities in China. "Corporations are PEOPLE, my friend" said Mitt Romney, Champion of the 1%.
Mitt will tax the blind
LOL.....Mr. Obama is going to tax ONLY the rich and leave the rest on his FOOD STAMPS.
53%... I know it's hard for you 47%ers to understand, but 53% of us pay income tax, not 1%. We understand you want to be us, but it takes work. You can't do it sitting on your ass collecting food stamps. The rest of us should just quit our jobs so there's no one left to take care of your pathetic asses.
That's where you have it wrong you don't have to sit on your ass to collect food stamps. People work but don't make enough collect them too. When I was in the Army I knew soldiers who had to get them, Why because they didn't make enough. So are they lazy and wrong for trying to help feed their family? He paid his taxes so you can't use that argument. The bottom line is some jobs don't pay enough to survive period so that's why some people need assistance.
Millions of Americans are on food stamps now because their jobs went to China...not by choice as the right-wing would have you believe. Millions of Americans also collect unemployment benefits...not by choice, but because their jobs went to China. And the argument that some would rather sit around and collect unemployment than get a job speaks more to the lousy jobs available than to the person collecting benefits. The free market dictates that if the only job available pays $7.25/hour, and unemployment pays $300.00/week, well do the math morons, capitalism and the free-market notion requires that one accept the unemployment benefit!
Try living on a minimum wage job. My daughter had to move back home because by the time she paid rent, utilites and gas to go back and forth to work and insurance on her car there was nothing left for medical insurance or food. She makes too much on a minimum wage job to qualify for food stamps in our state.
At what point, is a percentage of sales and production overseas, still considered an American company?
Well I guess as long as they still have an American name....*rolls eyes while whistling in the corner*
KFC is 'selling' in China to the Chinese because China has a "growing middle class"..... which came from all of the factory production jobs that Amercian corporations created in China during the last decade. Companies will say it was due to "competitive price strategies" and other excuses. The real reason is because the Chinese Govt subsidized the building of the factories for the companies, housed Chinese workers in cheap small apartments the Govt built for them and paid them an average of 50 cents an hour to work in the factories. The corporations made money hand over fist as they didn't have to pay to set up shop, follow strict regulations or pay for dumping waste products: and pay only 50 cent per hour for labour - what a deal!
And how is the middle class faring in America since their jobs were exported overseas by these corporate uber-rich b______s running these companies in the name of 'competitive prices'? So well that KFC moved to China in order to find middle class consumers, apparently.....
Haaah!
Businesses seek growth... news at 11...
Why are people hating on businesses outsourcing in other countries? The goal of any business is to cut costs, which means getting the best labor for the smallest price. globalization bad? For some yes. Wow KFC number #1
I know what you mean. And how is KFC expanding into China an example of outsourcing anyway? Because the employees who work there and cook the chicken and work the cash register are local Chinese people? Give me a break! I suppose some of the commenters here think that either (a) KFC should only hire Americans to work at KFC stores in China or (b) KFC shouldn't be in China at all, and shouldn't have restaurants anywhere outside the U.S., or maybe even anywhere outside Kentucky.
Speaking of KFC, my daughter was in Indonesia last summer and was amazed at all the KFCs there. Apparently it's a really popular place to eat in that Asian country too. One of the locals her group was traveling with asked if we have KFC in the U.S. too. She laughed and told him KFC stands for Kentucky Fried Chicken, and then he was embarrassed. Being a college-educated Indonesian, he knew that Kentucky is the name of one of our 50 states.
I guess KFC must be doing something right in its overseas operations. I think I will do some research on their stock and consider becoming an owner.
"The goal of any business is to cut costs" is a specious argument. The goal of a business is to maximize profitability while not doing harm to the maco-American economy. Outsourcing is a clear harm to the American workforce. If companies operated with a sense of ethics, this would not happen. I fully admit, however, that individuals would need to operate with ethics before we have any hope of a corporation doing so. Looking around at today's masses, ethics and morals have been abandoned quite some time ago so there is little change of a positive change. Frankly America and the American Dream are over.
American consumers do benefit from outsourcing of manufacturing -- just ask any Wal-Mart shopper who just bought a pair of jeans for $30 that was sewn by workers operating a machine in Bangladesh if they would rather pay $50 for the exact same jeans, knowing that they were sewn by American workers operating a machine in North Carolina. We all love to say "Buy American" as long as it doesn't have much affect on our own wallets. But there are some jobs we would really rather have done in Asia by people making $1/hour rather than pay a lot more for the fruits of that labor by bringing those jobs back to the U.S. and paying a lot more for the end product.
The fact that a textile worker in Bangladesh, or a Foxconn worker in China making iPhones and iPads is paid a tiny fraction of what a U.S. worker would get paid is "not my problem." And we make ourselves feel ok about the exploitation of those 3rd world workers by convincing ourselves that those people are better off because they have those jobs and we buy what they make, and for the most part that is actually true -- they ARE better off than they were before they got that job, and so are we, for getting what we want for a much cheaper price than if it were made here in the good old USA.
The simple reality is that the world economy and the U.S. economy has evolved and become highly integrated, compared to the old days of the U.S. being the factory of the world. We do still manufacture a lot of things -- manufacturing has actually lead the way in the weak economic recovery of the last couple years -- but our companies and our economy can no longer afford to pay high U.S. wages for American workers to perform simple tasks that Asian workers can and will do much more cheaply...or that robots can do even more cheaply.
But even that is a greatly over-simplified analysis. American companies do business world-wide, and China is now the largest growth opportunity. GM sells cars in China, and in the first half of 2010 it sold more cars in China than in the U.S. Do you think Americans who don't speak Mandarin should be manning the sales floors of all those Chinese GM dealerships? Do you think Americans in large numbers would be willing to move to China and work for the prevailing local salary to sell GM cars to Chinese customer? Or perhaps you think that GM shouldn't have expanded into China at all, and have given up such a huge chunk of its sales?
Come On!
Like those jobless people couldn't have kept their jobs here in America, like Buick couldn't export the cars to China. Oh wait! it's the fault of the Unions because they fight for the middle class Americans from abuse and low wages. Because it's is wrong for the American employee to demand a good paycheck and not be enslaved by a big companies paying their top executives way beyound necessary. Soon the Chinese will have the Technology and will need USA no more, and the Chinese worker will demand better treatment instead of the slave labor.
US companies will then be kicked out as China and Russia take the lead and USA is still fighting wars madeup by afew who want their oil companies in Texas to flourish.
Tell me Chamber of Commerce, what's the love affair with China while you screw American workers?
But I guess as long as Americans are getting less educated, due to "cuts" advocated by the conservatives will become a third world with afew having soo much and 99% poor. Elect Romie-the-mormon and thats what will continue. The American student cannot afford education anymore, our universities are teaming with Chinese and Asian students, because they have the jobs back home and can afford the American education at last.
Thanks "job creators" as the conservatives call them, even with no taxes, they have created nothing in the past 3 years, but it's Obama's fault, eh! Are the citizens in this country so daft?
Boycott products "Made (badly) in China". Buy American!
You can't any longer. We used to do that to the japanese because they stole the US auto market right in the US. Now American cars have foreign parts in them. what are you going to do?
i thought it has been china who stole jobs from the americans. Our icon corps gain foothold on their land too
How can they still be called American companies when they don't make anything here? And they certainly aren't paying any taxes here - remember GE? These are Chinese companies. They only market themselves as American for image.
I ate some Taco Bell tacos in Sydney, Australia. I don't know what they did to them, but they tasted different. They put something in them that made it seem creamy-yuk. Then again, I went shopping for underwear and tee-shirts at a Woolworths (remember them?), and took them home. I quickly learned that Aussies must be smaller than Americans, as nothing fit. Too small. XL stuff, too. Shoes-same thing.
Beautiful place regardless. Wanna' go back. Nice chickies, too. Real blondes!
Decouple from China. Very painful now but very much to our benefit long term.
Bare in mind that their military moves are a real concern to America. That's the view from Panetta at the DOD. According to Panetta "China is a pacific power like we are" something we can't ignore.
The american system doesn't stop corporations from shipping jobs overseas that offer cheap labor. More growing third world countries are on the way. nothing we can do about them. Eventually some third world countries are going to steal china's labor market. I think that's how the world goes around.
The new world way of life has yet to unfold. Watch it.
God bless America
This a very serious situation. As the US companies continue to move more Job (Manufacturing/ Engineering) to China, they will continue to grow, develop, strenghten, and become powerful. This is concerning for a few reasons: a) They're not US allies, while in fact they hack into out DoD and Military on a daily basis, stealing secrets, technology, strategy, and corporate IP. b) As the article points out, they pirate everything...no profit to US, reverse engineering it and selling for profit, while US invested all the R&D. c) China under values they're currency making it cheaper to produce goods, services, and engineering....this gives the US companies encentive to keep sending manufacturing there....d) China is in the process of buying up mineral rights to all major Supply Chain Materials especially metals and compounds used for Manufacturing and Development, this is concerning since then they would have leverage and control on markets, and production--currently happening in Africa.e) China has no regard for human life, as they kill their girl babies, and have no room for civil liberites, rights, or justice for their people: internet, and TV censorship etc. F) Most serious of all.........China is rapdily developing their Military to the prowess of matching that of the US (trying to). They're in the process expanding their naval fleet capabilities, cyberware capabilities, missile, avionic, and Space warfare capabilities.
Actions that should be taken:
1) US should deploy an import tax on all Chinese made goods...15%-20%. This will generate income to the Govt' relieving US debt, while also evening out the playing field. It will also make US companies think twice about producing in CHina.
2) Consumers should be more cognicent of what and who they're buying from. Many Made in China products especially toys for young chilidren have been found to have lead, and cadmium in them, both destroying brain function, growth, and development. Ironic that these are found in items that associated with users being in the initial stages of brain development--but that's for a different post (China dumbing down the World through Material Science-Chemcial Warfare).
3) Boycott Products made in China. Next time you're in a store, check the made in label. if it says made in China, put it back and find a different country! We as consumers have the power to change what's happening....if we all cared to check where things were made before purchasing them....we could make huge strides in where they're manufactured. Think about it....If even 25% of all American stopped buying products made in China, companies would very quickly relocate they're manufacturing facilities.
At the end of day, we have a serious issue on our hands. The Communist Chinese are not standing idle, and will do whatever it takes to overstep the US relative to: economic, cyber, and Military concerns.
Make a difference and STOP BUYING CHINA PRODUCTS.
Good Day, and God Bless the US!
That sounds great and all but you must not live in my area. Only a few retailers to choose from and all of them have specific areas of products only made in China. I need the item so it's China or nothing? I'm sorry I'm going to have to go with China until a competitor comes along.
By Made in China for its value for money , shunt Made in USA for it over-pricing and mediocre quality.
To be competitive, US workers need to lift productivity and work harder and take few sickies.
The US has a quickly fading middle class, and yet in the same instance China's people have gained what we've lost, a quickly growing middle class. Another spun news article, after reading that last week some companies that had outsourced to China were returning to the states to do business in the US. Definitely not enough to put a small dent in our shaky employment situation here in the states, so I'm sure we won't even feel it economically.
Well, the middle class fades because the american system is not adjusting the slowly shifting global economy that has already turned the tide.
American leadership should know this shift by now and do something about it.
There are things only the Americans and a few highly advanced countries are able to do. That should be the new focus for us. Change the college majors and provide job training to guide american workers to that new focus that is the direction where the country have the opportunity to be in the global leadership position.
Job czar? A czar that is like a mouse not being able to adjust to the broad day light coming out from the dark.
Tiny guy,
"There are things only the Americans and a few highly advanced countries are able to do. That should be the new focus for us. Change the college majors and provide job training to guide american workers to that new focus that is the direction where the country have the opportunity to be in the global leadership position."
There is no college majors that can train our young Americans to gain employment except courses like "occupy Wall Street", sex, drugs, abusive music and gun violence.
Atomic Des There is no college majors that can train our young Americans to gain employment except courses like "occupy Wall Street", sex, drugs, abusive music and gun violence.
What a stupid thing to say. Both the grammar and the content. Obviously you never went to college.
Actually, I think he's representative of the average person in this country. It's exactly why we're phucked!
Of course there is piracy in China. When almost everything considered a American product, such as iPhones, are made in China, it is only natural for a copycat black market to emerge.
China invented gunpowder. They're just collecting on the royalties we owe them. Powder and its derivatives are used to fuel this country's gigantic weapons export business. Seems fair.
From- [TrumpetCallofGodOnline(dot)com]
The heart of The Lord is angered by what He has seen, and enraged by what He has heard! The heart of The Lord is ablaze! The heat of The Lord shall melt down the high places and turn the wicked to dust, scattering them upon the waste places!
Behold, the devices of men shall be turned to ash,
Beneath the feet of My witnesses...
For the fire of The Lord falls from heaven in front of them,
And consumes and destroys behind them! Says The Lord.
The fire of The Most High burns as a mighty terrible one, as a great and dreadful storm rushing down a mountain, which has burst forth from its hold... As roiling clouds and thunder, releasing its fury upon all in the path of its destruction. It is great and terrible!... A suffocating plague covering the cities!
For ages has it been silent, storing up strength in its stillness...
For a multitude of days has its terrible heat been restrained,
And its great power hidden beneath the weight of the mountain...
Ready to break forth in its due season,
Bringing great calamity at its time appointed...
Thus is the indignation of The Father!
Thus is the strength of The Son!
For the strength of The Son is manifest in His glory and by the power of His word, poured out in judgment... A sharp double-edged sword unsheathed, striking at all these nations gathered before Him!... Piercing blows, dividing them asunder!... Consuming wrath from The Almighty, upon all His enemies! The Day is near! The Day has come! And what evil shall prevent the hand of The Mashiach, from gathering His own from among the nations?... For His return is at hand!
The Day of The Almighty is come! And who shall stand?!...
Who shall stand against the Day,
And prevent The Holy One from coming in His strength?!
What army can withstand Him and the power of His sword?!...
For they shall all be as wax before the fire,
When His brilliance is displayed!
Therefore, fear The Almighty God, and put all your trust in His Holy One. For the power of The God of Israel is displayed in His Holy One...
For He is the express image of The Holy, whose name is Yah!... Whose salvation is YahuShua!... The Mighty One of Jacob!... Whose hand reaches far and wide, whose strength is almighty, whose wisdom holds all creation in His understanding!... Whose love endures forever...
He, whose righteousness comes, and had been stretched out before us, for every eye to see... The end of which shall be as a flood, cleansing the sanctuary of His mercy... Restoring all things, even to a new heavens and a new earth.
Therefore, now is the time appointed!...
Now is the time to give Him glory!...
Now is the appointed season, for the power of God to be made known...
For the name of The Holy One to be glorified
Above the heights of the mountains,
To overshadow every hill.
Behold, the whole of creation shall bow and give Him glory! His time has come! The time has come for The King to return and gather, to reveal the glory of His might!... Immanu El!...
Yes, The Rock, The Stone Everlasting, is coming quickly to strike the great image... To break apart every foundation, to spread forth as a flood, until only The Great Mountain remains. Then shall they know, I AM THE LORD!... And The Father and The Son are, indeed, ONE.
Behold, the earth shall be full of the knowledge of YaHuWaH’s glory,
As the water covers the depths of the sea.
As it was and is written, so shall it be... Says The Lord.
Go Tebow!
God is Chinese. It all kinda makes sense now... shrug.
Well well well. What price, cheap labor? How's that "global economy" workin' out for ya now?! American jobs for American citizens, working for American companies, in America. Factor in the "lost" revenue from "pirated" product losses, and I think you will be real close to what earnings would be at the "extravagant" wages of U.S. labor. "I pay my people these wages, so they can afford to buy my cars"; Henry Ford (almost 100 years ago). Am I alone in believing that this "philosophy" would be beneficial if applied today?
Unless everyone is employed by Henry Ford, that's all a bunch of union propaganda garbage. Sure it's great if his people can afford the cars, but the minute his people start extorting exorbitant amounts of wages out of poor old Henry, the REST of us can't afford the god damn cars.
THAT is exactly why those jobs went the way of the dodo.
Again, this is not news!!!(No surprise)
Face it , China has not reached its full potential yet . You America are going to need China Just like China needs America ..In 1972 when Nixon went to China, He opened up a new market for American business and manufacture. I remember one of the CEOs of a soft drink company saying he would like the people of china to drink one C... a day .. The potential for business in china is great so stop knocking China and learn to work together . America is not always going to be the most powerful nation in the world .The next hundred years from now it could be China , India or even The United States of Africa
America always exported manufactured goods all over the world. We had jobs,jobs,jobs. Treasonous corporations and junk importers(slave labor made goods-Walmart) have turned the tables. Middleclass America is dying, America is becoming needy as the greedy corporations expand in China. America was the goose that layed the golden eggs. That goose has turned into a turkey.
Bring America back and let the asiatic hordes import from America again. OH...I'll never buy another Buick product!
Typical union lies. Its you union queers that priced yourselves out of the labor market. The outsourcing hasn't even affected the vast majority of us who make under $10 an hour. Any stagnation in wages on our part has been more than replaced by dirt cheap Chinese products. Contrary to your union propaganda, the products are more than capable and fairly durable. Certainly as durable as anything Detroit or St Louis put out. I have a 16 year old TV made in China. Every appliance in my house is Chinese, and I haven't replaced any of them in 5 years. No matter how hard you blow the bull@!$%# bugle, it just doesn't resound with anyone. We see right through your union-baby bias.
urgay
Sounds as if you've never been far enough from home, to see smoke coming out of the chimney. Gotta leave the backyard to get a good job.
In MY opinion these business'ss that export our job's to COMMUNIST CHINA, Our enemy, are nothing more than Traitor's to the people of the U.S.
Redneck. China isn't communist. They're a one-party, representative democracy, complete with Constitution. It's a Communist party... with a big "C". You exported your job to China when you thought it was worth $50 an hour to pull the trigger on a rivet gun with a high school education. Who do you think paid that ridiculous wage? That's right. The average worker out there making $10 an hour. You had it so good because slaves like us overpaid for your garbage. China didn't destroy this country, they saved us from you greedy sons of bitches.
The dream is dead. America's time in the spotlight is over. What awaits future generations will be nothing more than sprawling ghettos and rampant poverty while the 1% sleeps soundly in their castles.
Damn this country and its government that panders to corporate interests.
Ummm... 53% of us pay taxes, not 1%. We do it so you lazy, leech 47%ers can sit around and play video games. While the best years of this country are in the past, second place isn't so bad. Germany has sat in that position for a very long time now, and it's far from a hellhole.
This is how the business side of the One World Order works. You open factories in 3rd world countries for the cheap supplies and labor. When you do this you raise their standard of living and create a middle class. Now you have a whole new market to sell more products to. 1.4 billion people in the middle class will buy a whole lot of stuff. But the caveat is that when you create that middle class people expect better wages and benefits, so then you move the manufacturing to another country that still has cheap labor so you can keep costs down, effectively raising their standard of living and a larger middle class there that can buy more stuff. Unfortunately, when you move manufacturing to another country you take jobs away from the original country which lowers their standard of living, which is what the U.S. is experiencing now. Its not likely that we will get many of those jobs back unless we learn to lower our costs to become competitive or find another way to fuel our economy, like with high tech or services or something else.
According to a study recently published in the Financial Times, 55 cents of every dollar of imported Chinese goods remain in the US economy. Nevertheless, US manufacturing should stick to new technology and products with new paradigms. We can permit the Chinese to make tshirts, shoes, TVs etc. We need private industry to invest in new ideas not old ones. We do not need more government jobs and regulations which choke the US economy. We should not retaliate against China but do what we do best-create new products and make them better then anyone else. We have lost our global competitive edge because we have forgotten how to compete but not how to complain.
Evolve or perish.
How come we cannot accept that US of A cannot dominate the world economically or militarily?
So your idea is to roll over and get run over?
This country can EASILY dominate the world militarily. You see, nuclear weapons are part of the Air Force. This means the Air Force, by order of the President, can at any time completely annihilate this planet. While not an ideal outcome, you can't really get any more powerful than being able to destroy humanity.