Hon Hai

choi

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(1) The truth is foreign investors are struggling, as much as Chinese
investors.

Robin Kwong, Hon Hai Aims to expand via Silicon Valley Link; Deal reflects
aim to move into new areas. Financial Times, Nov. 19, 2010 (title in the
print).
http://www.ft.com/cms/s/2/377081ee-f336-11df-a4fa-00144feab49a.html
("The already-thin margins in that industry [contract manufacturing] are
threatened by the rising cost of labour in China. Hon Hai’s consolidated
net profit margin for the first 9 months of this year was 2.7 per cent, down
from 3.5 per cent a year ago."


(2) It has been China's ruthless policy, in pursuit of relentless GDP growth
, to sacrifice whomever it sees fit. See

Ted C Fishman, The OLD World; Populations eberywherer are getting older
faster. This leads to more globalization--and more globalization means even
older countries. New York Times Magazine, Oct. 17, 2010 (title in the print).
http://www.nytimes.com/2010/10/17/magazine/17Aging-t.html?scp=1&sq=fishman%20old%20world&st=cse

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