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Walt Disny and Kraft move regional HQ to Shanghai

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jtuck004 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-16-10 02:33 AM
Original message
Walt Disny and Kraft move regional HQ to Shanghai
Edited on Fri Jul-16-10 02:34 AM by jtuck004
24 multinational companies, have decided to move their regional headquarters to Shanghai, including 6 Fortune 500 companies such as Vale, Walt Disney and Kraft Foods.

This will push the total number of companies with regional headquarters in Shanghai to nearly 300. Nearly 500 have regional research and development centers there.

Shanghai has been China's top destination, for multinationals. Even during the world economic slump, the city's foreign direct investment still increased. Data shows Shanghai's foreign direct investment has already surpassed more than 5 billion US dollars in the first half of this year.


Video Here...

Obama said recently he wanted to help the economy by increasing exports ('course, every other country in the world is trying to do the same thing - we even discussed it here a couple months ago). So who, exactly, is making things to sell, outside of airplanes and guns (military weapons) that is a major player left here?
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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-16-10 03:41 AM
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1. exactly -the prime problem
and without media reform, the chickens will still be in love with Colonel Sanders.
And without campaign finance reform, we will never have an opposition party to the Uniparty running the show now.

But yes, the country that makes stuff, and sells to other countries... wins.
We lose. The rulers win, but corporations have no national loyalty.
The chickens don't know that, and the not-knowing is a real problem. One that has doomed the USA already.

Corporate media traitors, may history report it.
And I hope there really IS a hell.
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grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-16-10 09:53 AM
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2. As the chairman said - "There is in fact no such thing as art for art's sake
There is in fact no such thing as art for art's sake, art that stands above classes, art that is detached from or independent of politics."

"If the U.S. monopoly capitalist groups persist in pushing their policies of aggression and war, the day is bound to come when the people of the whole world will hang them. The same fate awaits the accomplices of the United States."
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onpatrol98 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-16-10 12:54 PM
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3. Goodbye, Kraft Macaroni!
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-16-10 06:39 PM
Response to Reply #3
4. The generics are just as good
and much cheaper.

I f*cking hate corporations.
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