No Child Labor Here

Tyler Durden's picture

At least Chinese retirement funds don't have to worry about a cash outflow crunch any time soon. Tangentially, perhaps BlackRock can create a 3x levered ETF tracking the profitability of Chinese fake birth certificate and driver license fabricators?

From Bloomberg: "Employees are seen at the end of a work day outside Foxconn Technology Group's compound in Shenzhen. Many of the younger workers the company hoped to employ don’t want to work in factories, said Auret van Heerden, chief executive officer of the Washington-based Fair Labor Association."