Strategic CSR - China

This week, I leave you with a stunning quote from the article in the url below that I saw repeated in a few media outlets recently. I have not been able to verify the facts with source data, but the quote seems feasible to me, even intuitive, which perhaps is as instructive as the quote is shocking:

“If you want to know what's wrong with America and why record numbers of Americans are telling the pollsters that they're fed up, just take a look at how we trade with China. Our major import is nearly $50 billion of computer equipment while our major export is about $8 billion of waste paper and scrap metal. Yes, that's right. We're swapping garbage for computers with China -- and lots of other countries as well.”

The U.S.’s largest export to China is “$8 billion of waste paper and scrap metal,” while its largest import is “$50 billion of computer equipment.”

Certainly food for thought!

Have a good weekend.

David

Bill Werther & David Chandler

Strategic Corporate Social Responsibility: Stakeholders in a Global Environment (2e)

© Sage Publications, 2011

http://www.sagepub.com/strategiccsr2e/

Instructor Teaching Site: http://www.sagepub.com/strategiccsr/

The library of CSR Newsletters are archived at: http://strategiccsr-sage.blogspot.com/

America Needs a New Globalization Game

Clyde Prestowitz

April 29, 2011

The Huffington Post

http://www.huffingtonpost.com/clyde-prestowitz/america-needs-a-new-globa_b_557131.html