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商法7 Global value chain
Unit 7 Global Value Chains Wal-Mart has life or death decisions over (almost) all the consumer goods industries that exist in the United States, because it is the number-one supplier-retailer of most of our consumer goods -- not just clothes, shoes, toys, but home appliances, electronic products, sporting goods, bicycles, groceries, food. Question 1: It is true? US manufacturing has lost more than 2 million jobs to China since 2001. The ongoing trade deficit between the United States and China have cost American labor 2.4 million jobs since 2001, according to a study released by the Economic Policy Institute (EPI). Unfair China Trade Costs Local Jobs ROBERT E. SCOTTSenior International Economist of EPI Job loss calculation Manufacturing: Manufacturer: Released by Job loss calculation Job impact study US manufacturing is losing ground to China? To lose ground to … Win over Productivity Productivity gains US Manufacturing Output and Employment, 1979-2007 Productivity gains have led to greater output but with fewer workers. Employment continues its long-term shift from manufacturing to services. Question 3: It is true? China is the world’s largest manufacturer? Share of Global Manufacturing Output The United States is maintaining its share of global manufacturing; China is taking share from Japan. The United States is by far the world’s largest manufacturer, and its share of global output has been at least 20 percent since 1982. take a bite out of something to reduce something -Work is taking a bite out of his free time. -Rising energy costs would take a bite out of peoples wallets. 4, Export data description: The World Trade Organization (WTO) has confirmed that China has edged out Germany to be the worlds biggest exporter in 2009, accounting for 10 percent of the global export. Chinas exports rose 17.7% in December, state media have reported, suggesting the country has overtaken Germany as the worlds largest exporter. Edge out: replace Overtake
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