perda04
Well-known member
China Too Costly for Manufacturers
When combined with the fact that China is developing and generally now more expensive, it means that the perceived cost advantage may of itself no longer actually of itself justify the investment."
Chinese manufacturers are now looking for other, lower-cost markets in which to make their products. H. David Hennessey, a professor of marketing and international business at Babson College, near Boston, told Moneynews that the country is looking at Vietnam and North Korea as possible alternative manufacturing sites because the labor rates were significantly less than in China.
When combined with the fact that China is developing and generally now more expensive, it means that the perceived cost advantage may of itself no longer actually of itself justify the investment."
Chinese manufacturers are now looking for other, lower-cost markets in which to make their products. H. David Hennessey, a professor of marketing and international business at Babson College, near Boston, told Moneynews that the country is looking at Vietnam and North Korea as possible alternative manufacturing sites because the labor rates were significantly less than in China.
