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SHANGHAI – Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern coastal China the world's factory floor.
"China is going to go through a very dramatic period. The big companies are starting to exit. We all see the writing on the wall," said Rick Goodwin, a China trade veteran of 22 years, whose company links foreign buyers with Chinese suppliers.
I wonder whats going to happen in the next couple years. Hopefully the US will start bringing back production inside the country.
Originally posted by citizen smith
Would be an ironic twist if that all-american brand, Nike, were to lead the way
This made me laugh....................What if!!!!
We went to China and bought some goods when the world went "China goods crazy"...
Got the goods after a Pro-Forma trade, they arrived and YEAP, terrible they smelt, cracked and complaints - The Company learnt their lessons.
Almost a "Crazy Trend to Trade with China"
Originally posted by ziggy1706
WE had better start thinking designing and making mae in america again soon! thats my intake. IDe rather pay the extra cost for anything american made it supports local communitys, businesses familys factorys and people.
Originally posted by ickylevel
Countries are expandable in the wonderfull world of capitalism.
China will be left completely destroyed.
Many companies are striving to stay profitable by shifting factories to cheaper areas farther inland or to other developing countries, and a few are even resuming production in the West.