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Aug 12, 2016

Marketplace for Friday, August 12, 2016

Five days of economic news in five minutes with the Weekly Wrap; for decades U.S. companies have employed millions of low-wage Chinese workers to make products for Americans, but now that trend is reversing. Marketplace’s Rob Schmitz reports on how Chinese companies setting up factories in South Carolina affects the local community; and the Obama administration is diverting $81 million from Ebola funding and other projects to help fight Zika, but is that enough?

Machinery at TDC/Greenfiend Industries in Seneca, South Carolina.
Machinery at TDC/Greenfiend Industries in Seneca, South Carolina.
Rob Schmitz/Marketplace

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Five days of economic news in five minutes with the Weekly Wrap; for decades U.S. companies have employed millions of low-wage Chinese workers to make products for Americans, but now that trend is reversing. Marketplace’s Rob Schmitz reports on how Chinese companies setting up factories in South Carolina affects the local community; and the Obama administration is diverting $81 million from Ebola funding and other projects to help fight Zika, but is that enough?