From The Ethics Sage, Steven Mintz – The article is called, Offshoring in the Phillipines and China.
Here’s an excerpt.
In an effort to foster growth in its outsourcing industry, China announced that the government will not be levying operating taxes on offshore service outsourcing business in 21 cities until 2013. The policy covers firms specializing in IT outsourcing, business process outsourcing and knowledge process outsourcing. The initiative is expected to boost China’s already robust growth in the industry, where the country enjoyed a 21 percent year-on-year increase to $23.6 billion in 2009.
So, the Chinese are pursuing a deliberate national policy of moving jobs to their country, jobs from the United States.
Don’t we have legislators and a government? Oh, I forgot, out sourcing is good for the financial industry. There is no concern for the rapidly dwindling middle class. It’s as if we had a government for and devoted to observing the flight of jobs in a thoroughly disinterested manner like a scientist examing microbes under a microscope. The middle class microbes have to be watched. They could interfere with profits.
James Pilant
A thought?
Pilant's Business Ethics Blog 
This is sad. I don’t blame China for wanting to move jobs to their country. If the shoe was on the other foot, we would probably do the same thing. China is just looking out for its own economic welfare.
I do, however, blame American business owners for forsaking their brothers and neighbors. I blame them for giving those jobs to Chinese workers instead of Americans. Where is the sense of patriotism, national pride, and, above all, love for their brother?
I think there is something the government can do to help curb this trend. They can take measures to make it cheaper for businesses to keep employees in the states. They can also make it more expensive for businesses to outsource. I can’t say for sure, but I would imagine that the decrease in business tax revenue would be made up for with an increase in income tax revenue as a result of more American jobs.
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In the United States, when a business moves a business overseas, the expenses are deducted from their taxes. This one thing would be very effective in limiting such off shoring. Ending the deduction has failed in Congress repeatedly, the last time last year.
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It makes me wonder how many congressmen have stock portfolios that benefit from companies cutting expenses by moving jobs overseas.
I think that personal greed is a factor in why the Congress is slow to act on issues dealing with the financial industry… if they act at all.
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The average congressman tends to be quite wealthy. It is likely they do own a great deal of stock probably their staff as well.
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