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Hey, don't blame American companies. They did their best to provide employement in China. It's the American consumers who ran out of cash to buy anything. In fact, Americans are now saving more of their money, which is a disaster for the economy of both America and China!
http://www.independent.co.uk/news/world/asia/beijing-rocked-by-26-million-lost-jobs-1543627.html
Go figure.