Accused large groups, stand up!
Renault Clios manufactured mainly in Turkey, active ingredients of drugs imported from Asia, the disappearance of Alcatel, champion of the company without factories: like many French people, Bruno Le Maire, the Minister of the Economy, had certainly these examples in mind when he castigated, during his vows on January 7, the
“captains of industry who made the choice (…) to sail outside territorial waters to earn a penny a piece”.
"It's indefensible,"
he thundered.
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France faces the worst trade deficit in its history
It's a fact, large French companies have outsourced more than their European counterparts.
According to a note from France Strategy,
“employment in the industrial subsidiaries abroad of French groups corresponds to 62% of salaried domestic employment, against 52% in the United Kingdom and 38% in Germany”.
Other statistics reflect this phenomenon.
“Despite a large deficit in trade in goods, France has a current account balance close to equilibrium…
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