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  1. 03-08-2008, 05:52 PM #1
    AirborneSapper7
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    Rising Costs, Low Quality Ending ‘Cheap China’ Era

    Rising Costs, Low Quality Ending ‘Cheap China’ Era

    The era of China as the low-cost factory floor for the world has ended, according to a new study.

    A stronger Chinese currency and rising wages have pressured margins, but poor operational procedures among manufacturers are pushing up costs too, according to a study by consultant Booz Allen Hamilton and the American Chamber of Commerce Shanghai.

    "The manufacturing philosophy employed by many foreign multinationals in China in recent decades is in need of an overhaul,â€
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  2. 03-09-2008, 12:13 AM #2
    CCUSA
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    What next. Is China headed for recession? The free ride is over.
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