[tonyz]

Chinese have put their Shylock ways deep into the northern Italian textile industry.

Paid top dollar for the first factory. Fired the Italians. Imported illegal or cheap labor...flooded the market with cheap product...lowered the prices well below market and bought the next factory. Fired all local workers...lather, rinse and repeat...oh, and brought over a little bug to boot.

Almost forgot...the Chinese now get to put the “Made in Italy” label on finished product... that used to mean quality. Now, it just means higher margins, displaced Italians, and lower quality.