“Shanghai Gets Supersized”
The Chinese discover the attractions of getting rich:
When building projects grew scarce in the United States a few years ago, the California architect Robert Steinberg opened an office in Shanghai. He says he didn’t understand the city until the night he dined with some prospective clients. “I was trying to make polite conversation and started discussing some political controversy that seemed important at the time,” he recalls. “One of the businessmen leaned over and said, ‘We’re from Shanghai. We care only about money. You want to talk politics, go to Beijing.’ ”
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Associate Professor of Economics, North Carolina State Univ.
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As a general rule, corporations should be able to build plants where they want, whether it’s in America or elsewhere.