Pacific Brands is going Chinese! If you don’t know, Pacific Brands owns brands such as, Bonds, Clarks and Hard Yakka. That will cause job losses meaning a lot more poor people.
The reason is, the type of country. Australia is a consuming country, whereas China is a producing country. Pacific Brands say that they have to do it, because it allows them to survive and compete with other foreign brands. On the other hand there is a ton of poor people in China that badly need money. If Pacific Brands move, it will create more jobs to combat Chinese poverty. As well as that their clothes in Australia will be cheaper and remain affordable to more Australians. The down side to that is about 2000 aussies will lose their jobs, making the economy worse.
I think that they should not move to China. Firstly it will make the economy worse. Secondly about 2000 Aussies will lose their jobs. If they stay, it is okay, if they go Australia will suffer.
By Hugh 6B
P.S. please tell me what you think, I am interested