China opens up its Gulags to Foreign Direct Investment
When it comes to international embarrassment, China is a seasoned veteran. It has been embarrassed so many times globally over human rights violation, illegal occupation of territories, drug and arms running, selling contaminated milk, trading in nukes etc that it has formed a special ministry to deal with international episodes of embarrassment.
The latest instance of Chinese discomfort occurred when the Nobel committee announced that Chinese author Mo Yan had won the Nobel Prize for literature. As the word spread within China, the government tried hard to locate him. As most authors, journalists, bloggers, artists and other creatively blessed people in China are held in over 1000 gulags (Laogais as the Chinese call them) spread across the country, the task of locating him became quite difficult. The PLA was called and so were military reservists who were asked to check mines, quarries and slave labor camps across china to trace him.
A division of China's cyber offensive wing even attacked some US and UK servers to see if these countries were holding lists of Logai inmates. He was finally found sipping tea in a Beijing suburb. Mo Yan was arrested and taken to a nearby Logai to check if he was properly oriented to parrot the commie line propagated by Chinese rulers. The whole process left a bad taste in the mouths of China's ruling elite.
Well, all this is about to change as China is now planning to allow 80 percent foreign direct investment in Laogais. While India is still debating the merits of allowing FDI in multi-brand retail, China has gone ahead and approved a move to invite foreign players to run its Laogais as corporate units to derive cheap labour.
“Hasho, you have heard it righto. We have decided to invite foreign companies to run our Laogais. We are especially looking at Russian and North Korean firms to come and invest money and their expertise here. American companies like Apple can also come and leverage the cheap labour offered by these Laogais. In other companies a shift is 8 hours long. In China is it is 14 and in our Laogais a typical shift is 18 hours long on weekdays and 14 hours long on weekends. If you are manufacturing anything that is for bulk consumption and flies off the shelf within hours, you should take a PLA guided tour of a Laogai at the earliest,” said Yukk Thoo Chin, Senior Investment Attracter at the Ministry for Foreign Money Should come to China at the Earliest.
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| Cops handling a prisoner arrested for wearing an 'illegal' shade of pink at a Laogai |
A division of China's cyber offensive wing even attacked some US and UK servers to see if these countries were holding lists of Logai inmates. He was finally found sipping tea in a Beijing suburb. Mo Yan was arrested and taken to a nearby Logai to check if he was properly oriented to parrot the commie line propagated by Chinese rulers. The whole process left a bad taste in the mouths of China's ruling elite.
Well, all this is about to change as China is now planning to allow 80 percent foreign direct investment in Laogais. While India is still debating the merits of allowing FDI in multi-brand retail, China has gone ahead and approved a move to invite foreign players to run its Laogais as corporate units to derive cheap labour.
“Hasho, you have heard it righto. We have decided to invite foreign companies to run our Laogais. We are especially looking at Russian and North Korean firms to come and invest money and their expertise here. American companies like Apple can also come and leverage the cheap labour offered by these Laogais. In other companies a shift is 8 hours long. In China is it is 14 and in our Laogais a typical shift is 18 hours long on weekdays and 14 hours long on weekends. If you are manufacturing anything that is for bulk consumption and flies off the shelf within hours, you should take a PLA guided tour of a Laogai at the earliest,” said Yukk Thoo Chin, Senior Investment Attracter at the Ministry for Foreign Money Should come to China at the Earliest.
Great one... U know china in detail
ReplyDeleteOh I do..I do :)
ReplyDelete