Brands have long relied on social auditing companies to monitor their supply chains in China. But between the industry’s own flaws and a changing political environment in China, many say social audits aren't reliable.
In 2012, just as Apple was preparing to release the iPhone 5, the company found itself in a bind. A damning series of reportsIn addition to The New York Times, other media outlets and labor rights groups also published reports on labor conditions at factories in China that contracted to manufacture for Apple. was released that detailed troubling working conditions at the factories of a key supplier, Foxconn, in Chengdu and Shenzhen, China. Apple’s supplier, the reports had found, had excessive
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Shanghai Micro Electronics Equipment (SMEE) wants to be 'China's ASML' and produce the engineering marvels that help 'print' semiconductor chips. But it seems to be woefully behind that mission, imperiling China’s effort to domesticate chipmaking at a critical time. With a vast network of suppliers and all of China rallying for it to succeed, can it finally catch up?
The former Speaker of the House talks about her long involvement with Chinese issues, why she visited Taiwan and how ‘big money’ interests have dominated the U.S.’s approach to China.
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