The China Price
The True Cost of Chinese Competitive Advantage
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The China Price
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Narrated by:
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Karen White
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Written by:
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Alexandra Harney
About this listen
In a country with almost no transparency, where graft is institutionalized and workers have little recourse to the rule of law, incentives to lie about business practices vastly outweigh incentives to tell the truth. Harney reveals that despite a decade of monitoring factories, outsiders all too often have no idea of the conditions under which goods from China are made. She exposes the widespread practice of using a dummy or model factory as a company's false window out to the world, concealing a vast number of illegal factories operating completely off the books.
Some Western companies are better than others about sniffing out such deception, but too many are perfectly happy to embrace plausible deniability as long as the prices remain so low. And in the Gold Rush atmosphere that has infected the country, in which everyone is clamoring to get rich and corruption is rampant, it's almost impossible for the Chinese government's own underfunded regulatory mechanisms to do much good at all. But perhaps the most important revelation in The China Price is how fast change is coming, one way or another.
©2008 Alexandra Harney (P)2008 TantorWhat the critics say
"Packed with facts, figures, and sympathetic portraits of Chinese workers and managers, Harney's is a perceptive take on the world's workshop." (Publishers Weekly)