"The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport"
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The sentence also does careful blame management. China and India "have accomplished massive technological advances", a nod that preempts accusations of condescension while still treating their rise as a threat vector. Then comes the clincher: information technology and cheaper transport. In other words, the old buffers - geography, shipping costs, slow coordination - are gone. Labor markets are no longer local; they're networked. That shift recasts the social contract in Europe (and especially in France, where Fabius built a career inside the left's uneasy marriage of welfare state ideals and market reality) as newly vulnerable.
The subtext is political triage. If wages are being squeezed by global scale and frictionless logistics, then domestic remedies like stronger unions or higher minimums can be painted as insufficient, even naive. It's an argument for adaptation: industrial policy, skills, maybe protection at the margins. It also offers a socially acceptable antagonist: distant demographic giants, rather than nearer culprits like corporate pricing power, tax strategy, or deregulation.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
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Citation Formats
APA Style (7th ed.)
Fabius, Laurent. (2026, January 15). The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport. FixQuotes. https://fixquotes.com/quotes/the-demographic-weight-of-countries-such-as-china-166181/
Chicago Style
Fabius, Laurent. "The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/the-demographic-weight-of-countries-such-as-china-166181/.
MLA Style (9th ed.)
"The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/the-demographic-weight-of-countries-such-as-china-166181/. Accessed 12 Feb. 2026.

