February 2012
Cam Mackey |
02/21/2012 |
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China is the world’s factory when it comes to counterfeit products: two-thirds of fake products seized last year by U.S. Customs originated in China. But Chinese consumers are growing increasingly wary of buying fakes for themselves. In fact, 95% of Chinese women between ages 28 and 35 would be “embarrassed” to carry a counterfeit handbag, according to a 2011 survey commissioned by China Market Research. That’s a seismic shift from the Chinese...
Categories: China
Stephen V. Gold |
02/20/2012 |
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Lead story in the Washington Post today: "Wanted: Skilled factory workers." Very nice report on the challenge that U.S. manufacturers face trying to find employees with the technical and math skills to operate the advanced technology found on today's shop floor. (Those who haven't been on a modern shop floor might be interested in the brief virtual tour that the Post offers.)
Yet the story skims over the fundamental reason why we have such a...
Krzysztof Bledowski, Ph.D. |
02/16/2012 |
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It’s official: fourth quarter data have confirmed that Europe’s economy is headed south faster than expected. Both the GDP and industrial statistics paint a picture of a sharp downturn that has already turned into double-dip recessions in about half a dozen countries.
Industrial statistics surprised on the downside. Eurozone’s total production slumped 2 percent in December when compared to the previous December – a dramatic turnaround from...
Categories: SEC