For portfolio investors, many top-rated Online Cigarettes Store USA impact investment funds, like the five-star Morningstar-rated Calvert Emerging Markets Equity (CVMIX) that invests in companies considered good environmental stewards who pay women as much as men, hold top China corporations like Alibaba and Mengniu Dairy.
Beat up on China all you want—the truth is that companies overwhelmingly want to be there. Portfolio managers want to as well.
Five percent won’t be the deciding factor in deciding whether to set up a factory in China. But these issues sure will …
China is a communist country, so one would expect their workers would have collective bargaining and other rights. While labor rights are stricter now in China than they were even five years ago and wages are rising, China wages are still cheaper than Brazil’s and Mexico’s.
In terms of labor rights, China ranks 5 on a scale of 1 to 5 as one of the world’s worst countries for workers, according to the International Trade Union Confederation. India is just as bad, meaning it’s a place where businesses Newport 100s Box can more easily exploit workers.
Mexico is a 4 and Brazil is a 3.
Brazil has some of the toughest labor laws around. Good luck firing someone in Brazil or beating a union lawsuit in a court.
