HOUSE_OVERSIGHT_028340.jpg

3.28 MB

Extraction Summary

3
People
5
Organizations
7
Locations
2
Events
3
Relationships
3
Quotes

Document Information

Type: News article (exhibit from house oversight committee)
File Size: 3.28 MB
Summary

This document is a snippet from a news article, likely from The New York Times around March 2018, discussing the trend of companies moving manufacturing from China to countries like Cambodia due to rising labor costs and trade tariffs. The text includes quotes from industry experts and details about factory operations and expansion plans. Although the prompt identifies this as an 'Epstein-related document' and it bears a 'HOUSE_OVERSIGHT' evidence number, the content of the article itself is unrelated to Jeffrey Epstein.

People (3)

Name Role Context
Adam Dean Photographer
Credited as the photographer for The New York Times for images accompanying the article.
Spencer Fung Representative of Li & Fung
Quoted as saying, "People are desperate to get out of China," in his role as a go-between for Western companies and f...
Bradley Gordon Lawyer
Advises multinational companies in Cambodia and commented on an American company's plan to shift production from Chin...

Organizations (5)

Name Type Context
The New York Times
The news organization for which Adam Dean works.
Li & Fung
Described as a "go-between for Western companies and factories in developing countries." Spencer Fung is associated w...
Man Ou factory
A factory located near Sihanoukville, China, mentioned as an example of cheaper labor costs still being a complex rea...
Bloch factory
A factory where workers process leather from Brazil. The context implies it is in Cambodia, where labor costs are low.
House Oversight Committee
Implied by the footer "HOUSE_OVERSIGHT_028340", suggesting this document is an exhibit in a committee's investigation.

Timeline (2 events)

Circa 2018
The ongoing trade war and rising tariffs are causing companies to urgently consider moving manufacturing operations out of China.
Global / China
Western companies Chinese factories
Recent
An unnamed American company decided to move its production from China to a supplier's factory in Phnom Penh, Cambodia, to avoid tariffs. The factory plans to hire 1,000 more workers in the next month and employ nearly 10,000 by the next year.
China / Phnom Penh, Cambodia
American company (unnamed) Supplier in Phnom Penh

Locations (7)

Location Context
The primary country from which manufacturing is shifting due to rising wages and tariffs.
An alternative manufacturing location with lower labor costs, attracting companies moving from China.
Sihanoukville
A location in China near the Man Ou factory.
The capital of Cambodia, where a factory plans to expand significantly after securing a contract with an American com...
The source of leather used in the Bloch factory.
Mentioned for comparison with China's manufacturing output.
Mentioned for comparison with China's manufacturing output.

Relationships (3)

Spencer Fung Employee/Representative Li & Fung
The text identifies him as 'Spencer Fung of Li & Fung'.
Bradley Gordon Legal Advisor Multinational companies in Cambodia
The text describes him as 'a lawyer who advises multinational companies in Cambodia'.
Adam Dean Photographer/Contractor The New York Times
The photo credits state 'Adam Dean for The New York Times'.

Key Quotes (3)

"China will be hard to quit, even if labor costs elsewhere, like the Man Ou factory near Sihanoukville shown here, are cheaper."
Source
HOUSE_OVERSIGHT_028340.jpg
Quote #1
"People are desperate to get out of China."
Source
HOUSE_OVERSIGHT_028340.jpg
Quote #2
"One American company recently told a supplier with a factory in Phnom Penh that it wants to take its China production down to zero as soon as possible in order to avoid tariffs."
Source
HOUSE_OVERSIGHT_028340.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (5,128 characters)

the trade war. Average wages have risen by about one-third in recent years, according
to official data. The average Chinese factory worker makes roughly $10,000 a year, the
official data shows. By contrast, the minimum wage for Cambodian garment workers
amounts to about one-fifth of that. But rising tariffs, and the prospect of more on the
horizon, add to the urgency.","type":"text"},{"components": [{"caption": "China will be
hard to quit, even if labor costs elsewhere, like the Man Ou factory near Sihanoukville
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today’s consumer goods. Adam Dean for The New York
Times", "captionComponent":{"text": "China will be hard to quit, even if labor costs
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Times"},"identifier":"100000006120716 5ba97c630d5ed", "imageIdentifier":"5c55b16fb679a7b
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quit, even if labor costs elsewhere, like the Man Ou factory near Sihanoukville shown
here, are cheaper. China makes or processes many of the ingredients that go into
today’s consumer goods. Adam Dean for The New York Times
","type":"text"}],"identifier":"anf-container-3", "layout":"image-
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body", "role":"body","text":"“People are desperate to get out of China, †said Spencer
Fung of Li & Fung, a go-between for Western companies and factories in developing
countries.","type":"text"}, {"bannerType":"any","identifier":"anf-banner_advertisement-
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body", "role":"body","text": "One American company recently told a supplier with a
factory in Phnom Penh that it wants to take its China production down to zero as soon
as possible in order to avoid tariffs, said Bradley Gordon, a lawyer who advises
multinational companies in Cambodia. That Phnom Penh factory plans to hire 1,000 more
workers in the next month and employ nearly 10,000 workers by next
year.","type":"text"}, {"additions":[{"URL": "http://politics.people.com.cn/n1/2018/0330/
c1001-
29899735.html","range":{"length":28,"start":143},"type":"link"},{"URL":"http://www.w
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ports", "range":{"length":28,"start":221},"type":"link"}],"identifier":"anf-body-
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1"},{"range":{"length": 283,"start":0},"textStyle":" anf-ts-1"}],"layout": "default-
body", "role":"body","text":"Still, China remains an efficient place to do business. Its
logistics network is vast and quick-moving. Over the past three decades, China has
built 4.7 million kilometers, or about 2.9 million miles, of highways. It has 13 of the
world’s 50 largest ports, and three of the top
five.","type":"text"}, {"additions":[{"URL":"https://data.worldbank.org/indicator/nv.ind
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body", "role":"body","text":"China’s sheer manufacturing capabilities are unrivaled.
One measure of its output, called manufacturing value added, shows that China makes
roughly as much as the United States and Japan
combined.","type":"text"},{"components": [{"caption":"Workers in the Bloch factory cut
leather from Brazil, apply glue and carefully pinch, gather and hammer the material
into soles. The work could be partly automated, but Cambodian labor costs are low. Adam
Dean for The New York Times", "captionComponent":{"text":"Workers in the Bloch factory
cut leather from Brazil, apply glue and carefully pinch, gather and hammer the material
into soles. The work could be partly automated, but Cambodian labor costs are low. Adam
Dean for The New York
Times"},"identifier":"100000006120729 5ba97c630d7d4","imageIdentifier":"935a352410b5bfd
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credit"}],"layout": "default-caption", "role":"caption", "text":"Workers in the Bloch
HOUSE_OVERSIGHT_028340

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