TO: Tariq Siddiqui <[EMAIL PROTECTED]> Tariq writes: You still have not understood my argument. When Honda set up a factory in the US, it did not close down a plant in Japan. Moreover, the product was meant for the US and not for the Japanese market.
To help you understand better, I have no problem if GM sets up a factory in China and builds cars there for the local Chinese market. I would have a problem if GM sets up a factory in China only to build cars for export to the US and closes down factories here at the same time. There is also another aspect here that you should consider. If you outsource a certain part of your business process because you need to have your employees concentrate on other process to generate more revenue, that would also be acceptable. Mario asks incredulously: "I would have a problem if GM sets up a factory in China..." (?) I hate to let reality get in the way of your preferences, but, if you believe in the free enterprise system, why would you have any problem with anything a private company does, unless you own a piece of the company, in which case you can excercise your right to express your opinion to the management, or sell your stock? Companies locate their plants for all kinds of reasons, mostly to stay competitive and increase profits. The US unemployment rate is expected to trend downwards from the current 5.4% towards the 5% range, which is approaching full-employment in this country.