Two recent trends are making
it more expensive to make goods in China.
Wages, especially in the more developed southern part of the country, are going up as the country becomes more prosperous. Work in factories that pay less than a dollar-per-hour aren't as attractive relative to other opportunities as they once were, and international scrutiny of conditions in Foxconn's facilities in particular have forced further wage hikes.
Secondly, after years of keeping its currency cheap to promote exports, China is allowing the Yuan to appreciate, making it more expensive for foreign companies to do business there.
To read the full, original article click on this link: The Winners And Losers From The Rise Of Manufacturing Costs In China
Author: Nick Saint
