China’s companies win the race for producing employment giants, dwarfing American firms like GM, Apple or Exxon

When you don't count Walmart, the largest employers in the world, are in China, not the United States. And the biggest firms in China are industrial and manufacturing companies, not a low-wage retailer China National Petroleum (1,636,532), China State Grid (913,546), Foxconn (803,126) and Sninopec (667,799) together employ 4,021,003 workers. Foxconn is well known in … Continue reading China’s companies win the race for producing employment giants, dwarfing American firms like GM, Apple or Exxon

MSNBC finally found France

In a news report early this morning, MSNBC noticed that some 3.5 million residents of France were demonstrating in the streets against raising the retirement age from 60 to 62. In the U.S. the current age is 66 with a law change leading to 67. There was no mention of the strike affecting the supplies … Continue reading MSNBC finally found France