International -- Readers Report
THE CHINA STORY, WARTS AND ALL (int'l edition)
"How you can win in China" (Cover Story: Information Technology Annual Report, May 26), didn't say a word about labor or environmental problems in that country, stressing only the business point of view, as most (or all) companies do. So I agreed with Paul Magnusson ("Labor and the environment are free-trade issues," Commentary, June 2) when he said that governments must "establish standards of acceptable behavior and enforcement measures" on such issues as "labor and environmental protection in future trade deals to level the playing field."
His comments also focus on trade negotiations with Latin American countries, stating that they're "eager to sign free-trade pacts with the U.S." This is not completely true: In a recent meeting of Free Trade Area of the Americas held in Brazil, Latin American nations rejected the U.S. schedule for ending trade barriers in the region soon. The focus should be on all countries, and primarily on countries such as China, because of its enormous weight in international trade and its slave labor conditions, where there is a tacit consensus among the Communist Party leaders that, as Foreign Affairs recently put it, "workers must be sacrificial lambs for the nation's economic advancement."
Lus Henrique Oliveira
As a long-term reader of newsmagazines and a former short-term resident of China, I have come to expect bias and glib journalistic cliches (such as "Beijing's heavy hand," implying that Beijing is bad) in English-language reporting of the country.
Your story was pretty fair--as the genre goes. That in spite of the fact that the story, as far as I could note, did not contain one quote from a Chinese source.
EnglandReturn to top
MEXICO SHOULD KEEP THE PESO BUT CHANGE ITS POLICY (int'l edition)
"Mexico should ditch the peso for the dollar" (Economic Viewpoint, May 19) got my attention. The economic growth of a country is not based on the dollar. In other words, the dollar does not guarantee a country's economic growth.
Mexico's economy is not declining because of the national currency, but because of its leaders. Even if Mexico used the American dollar in place of the peso, there wouldn't be any difference in the economy since the same people would still be in charge.
Mexico should retain the peso as its national currency, but the country should try to find out why the economy has been declining economically for decades. Then it should try to come up with solutions.
Moorpark, Calif.Return to top
CUTTING-EDGE DESIGN IN KOREA (int'l edition)
On behalf of all the designers working at Samsung Electronics, I would like to take the opportunity to give you my deepest appreciation for your article "The hungriest tiger" (Annual Design Awards, June 2). Last year, BUSINESS WEEK mentioned that Korea and Taiwan were the two countries that designers needed to pay attention to.
As a rapidly growing country, Korea realizes that design has an important role to play in creating a competitive edge to build up our brand images. The business of design has become a worldwide ballgame for a better society in the 20th century.
SeoulReturn to top