Nick Yates Finds Labor Supply Tightening In China
Posted in Nicholas Yates on Business on Sep 9th, 2008
American production lines dependent on Chinese suppliers might take note of recent labor trends in China.
It may be that labor costs will be rising dramatically soon for Chinese suppliers, due not only to China’s peculiar demographics but also its current stage of development and a resultant steady rise in labor costs there.
The booming Chinese economy of recent decades [...]