Thomas Friedman Quotes

Globalization has created this interlocking fragility. At no time in the history of the universe has the cancellation of a Christmas order in New York meant layoffs in China.

Asia is the market and the location where production is inexpensive. The technological expertise and specialist knowledge comes from the industrialized world.

Just about everything I own was made in China. Just about everything you own was made in China, too.

Many large brands are now just marketing machines for what's being made offshore.

As I've written before, China's ability to be the assembly line to the world wasn't where its role in the global economy ended; it was where it began. An ability to make products cheaper than anywhere else gave way to an ability to make high end products more nimbly than anywhere else.

We have offshored a lot of our industry for critical supplies, critical health care supplies, and critical medicines to save money.

Products made in China are cheap through the exploitation of the workforce. Every time we shop, we are driving the nail further into the coffin of American manufacturing jobs.

Ninety-five percent of our wool is going to China.

A laborer no longer makes whole articles. He receives raw materials, puts his touch on them, and passes them to another worker in the series. When the articles are quite finished they are carried out of sight by currents of commercial exchange. These currents are untraceable.

A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.

I hope to be the go-to person on international trade and industry. I think no one before me or after me will ever have so much knowledge about America's ports.

Globalisation has powered economic growth in developing countries such as China. Global logistics, low domestic production costs, and strong consumer demand have let the country develop strong export-based manufacturing, making the country the workshop of the world.

America has global trade with plenty of nations that provide inexpensive labor, but it's better for us when they're in our own hemisphere, rather than sending that business halfway around the world.

iPhone4 is sold in the U.S., Europe and elsewhere, but it was assembled in China. As the world's center for the processing of IT products, China's environment is paying the price.

I find Maersk fascinating. It is the Coca-Cola of freight with none of the fame. Its parent company, A. P. Moller-Maersk, is Denmark's largest company, its sales equal to 20 percent of Denmark's GDP; its ships use more oil than the entire nation.

We live in such a service-based, globalised economy where very few people actually make anything and the people who do make stuff... it's all part of a massive global supply chain. So what if all those chains were suddenly cut, how would you make something? How would you keep people alive? And that was something I wanted to explore.

Ninety percent of what we wear, we eat, we consume is carried by ships... Container ships carry a vast amount of stuff.

I like doing business with people in India.

Don't make such a big deal out of this trade deficit…. In the United States you cannot find anybody to produce such labor-intensive products and it will be more expensive if you were to import such products from other countries and the regions than China. Only China is in the best position to produce such products, and this is also beneficial to China because this has provided job opportunities to China.

We're part of a global economy whether we like it or not.

Most American flags are made in China as you know.

Mexican exports worldwide benefit the U.S. economy because of their high percentage of U. S. content.

The farmers in America who are raising wheat and beef and cotton, and the great multitudes engaged in manufacture, depend for the rewards of their labor largely upon the orderly continuance of purchase, consumption and payment by the people of other countries. It would be a real misfortune to the American breakfast table if Brazil ceased to produce coffee and Cuba ceased to produce sugar and China ceased to produce tea.

Donald Trump outsources his ties to China. He outsourced his furniture to Turkey. I know a company in Ohio that could make that furniture in Archibald, Ohio.

When America stopped importing from China, China stopped importing from the rest of the world. This affects Asian countries as well as Australia, Brazil, and other suppliers of raw materials.