Saturday, 4 February 2012

Can China Stay Competitive?

This new five minute video report from the Financial Times is excellent on the competitive pressures facing many manufacturing businesses located in southern China. Wages are rising quickly and some manufacturing businesses have already moved either to lower-cost locations within the Chinese economy or to other countries such as Bangladesh and Indonesia.

http://www.tutor2u.net/blog/index.php/economics/comments/unit-2-macro-can-china-stay-competitive