the thing about china is that it has borrowed capitalistic ideas from western nations. it is neither
communist or capitalistic but a merger of the worst of both. there seems to be property rights for corporations and little rights for citizens. it has a large slae labor force.
i do believe the chinese wages and working conditions are depressed. it could be argued that working in sweatshops, liiving in worker dormotries and 80 hour workweeks are a choice, however so is starvation. i remember tienanmen square do you.
the GE CEO is a fool, possibly he may wish for the same conditions to happen in america.