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David Barboza, Currency Fight With Chia Pits US Businesses Against Each
Other. New York Times, Nov. 17, 2010 (title in the print).
http://www.nytimes.com/2010/11/17/business/global/17yuan.html?_r=1&scp=1&sq=china%20sock&st=cse
("His [Yang's] facility can churn out 5,000 pairs of socks every hour at a
cost of about 25 cents a pair * * * Analysts say those socks retail in the
United States for about $2.99")
Note:
(a) Zhuji 浙江省绍兴市 诸暨市
(b) Shuangjin Knitting and Textile Co., Ltd. 诸暨双金针纺织品有限公司
http://www.sjsocks.com/
YANG Tiefeng 总经理 杨 铁锋
(c) Dora the Explorer
http://en.wikipedia.org/wiki/Dora_the_Explorer
--------------------------Separately
Keith B Richburg, As U.S pushes China on currency, small manufacturers say
they're already hurting. Washington Post, Oct. 31, 2010.
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/31/AR2010103104433.html
("Unlike Guangdong province in the south, which has largely shifted to
producing higher-end, higher-tech products such as cellphones, laptops and
iPads, Yiwu has emerged as the center of China's small-scale, low-end
manufacturing - socks, zippers, batteries, plastic baby toys, inflatable
swimming pools.")
My ciomment: Hey, money is money. Earn it wherever you can.
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