You may get tired of me posting about China, but I feel it is very important to keep an eye on what develops here, and more importantly, what develops between the US and China. The Honolulu Advertiser posted China, U.S. Labor Leaders Talking about a visit from a U.S. labor delegation to China. I couldn’t have put any of this any better, so I took quotes from it and posted it below. To read more about my thoughts on China & it’s relationship to Hawaii’s economy and real estate market, read: (The Next Big Market Boom For Oahu?) (The Beginning Stages Of Things To Come) (The China/Asia Real Estate Boom Debate, Continued)

Was this the new world of globalism? It was, precisely. The boisterous Americans were representatives of …the second high-level U.S. labor delegation to visit Beijing in the past month.

Their presence here was the latest indication that a decades-old freeze between trade unions in the two countries had begun to thaw. At least some American labor leaders seem to be road-testing a new policy: “If you can’t beat ‘em, join ‘em.”
“This isn’t just the theory of ‘Workers of the world unite,’ ” said Maria Elena Durazo, head of the L.A. federation. “This is about very real needs that workers in both countries have.”
On June 30, the Standing Committee of the National People’s Congress passed far-reaching labor reforms that gave Chinese workers — on paper — rights that in some respects exceeded those guaranteed American workers. The Chinese have also in recent months signed labor contracts with two giant employers who have long resisted American union drives: Wal-Mart Stores Inc. and McDonald’s Corp.
But with China becoming an ever more powerful player in the global economy, and the Chinese union flexing its muscle against multinational corporations, American labor leaders have grown intrigued.
“The Cold War is over,” said Dave Arian, past international president of the ILWU and a member of the L.A. group. “The economy that they have in this country is essentially the same as we have in the United States.”
There would be no shortage of people prepared to argue that point, given the very different nature of the government’s role in the Chinese economy — both more involved as the owner of many enterprises and less involved in regulatory enforcement.
“Capital sees no boundaries,” said Durazo. “Why should labor see a boundary?”