Chinese workers have begun to enjoy higher wages as industry matures, which has taken some of the shine off outsourcing to China. Other low-wage countries that have an infrastructure and adequately orderly system are becoming attractive to entrepreneurs seeking low-cost alternatives […]
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What does a manufacturer do when it’s struggling with excessive costs? One of the most common reactions in recent years has been to pack up and move to another country or continent where it can bring its costs of production down. And this is just what’s happening to a number of factories, except these are Asian plants moving production to the United States. […] |
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