This is the mass production that China is famed for, with the company today employing a total of 1, 500 people and making around seven million pairs of scissors and three million knives a year.

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This is what we have been seeing in China today, as urban per capita income far exceeds rural incomes.

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Doing business in China is never dull, and this is truer today than ever before.

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Of course, in today's China, this loveless tradition is gradually disappearing.

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Most of this revenue was attributed to the iPhone, which today, is available through China Unicom with 200M subscribers.

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It has used this strategy successfully in China where it is one of the few wholly-owned foreign express carriers today.

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Today, my administration is launching a new action against China, this one against illegal subsidies that encourage companies to ship auto parts manufacturing jobs overseas -- (applause) -- which directly hurts men and women on the assembly lines in Ohio and Michigan and throughout the Midwest.

WHITEHOUSE: The White House