"I have never seen the foreign business sentiment as pessimistic as it is right now,” said James McGregor, a consultant in Beijing. “There’s a sense China is saying, ‘We have your technology and your capital — and now we have control of the market.’ "

http://www.nytimes.com/2010/01/14/business/global/14western.html

Google is considering pulling out of China.

"Google is far from alone among Western companies in its growing unhappiness with Chinese government policies, although it is highly unusual in threatening to pull out of the country entirely in protest"

( from the NY Times story)

American workers are suffering from lost jobs. Unemployment is the highest it's been in decades in the United States. And more Multinational and American companies are finding that the trade off of China's cheaper labor markets for better bottom lines, may not have been worth their investments in China.

What's happening to outsourcing now?

"Western companies contend that they face a lengthening list of obstacles to doing business in China, including “buy Chinese” government procurement policies, widespread counterfeiting and growing restrictions on foreign investments.

Some of these obstacles are a result of China’s desire to maintain control over internal dissent. Others stem from China’s efforts to become internationally competitive in as many industries as possible.

Google’s difficulties and its strong response are indicative of a broader shift in sentiment among multinational executives in China."

Payback's a bitch, isn't it? American workers have been suffering from manufacturing, tech, information, and many other jobs being outsourced by American corporations, and now these companies are finding that the Chinese Government, whom have never been "pro-western" philosophy are saying , "we have what we needed and you can go home".

Maybe we should open some closed manufacturing facilities here again and learn from our mistakes.

It was "short term gain for long term pain" by outsourcing American jobs.

Maybe it appeared cheaper, but it wasn't less expensive in the long run for corporations. Now, Corporations are realizing that they were "suckered by the Chinese". China has the tech and means to go it alone as Japan did with companies we built there.

The ironic part was the U.S. Government allowed a large portion of our tax base to be outsourced as well to China.

The Outsourcing future for American workers:

http://outsourceportfolio.com/reading-tea-leaves-present-tells-future-outsourcing/

Tax base gone overseas with jobs: Why the stimulus isn't working as well as it would have:

http://rt.com/Politics/2010-02-26/us-economy-offshore-gdp.html

What do you think?