Unformatted text preview: After reading the article in the context of the study of Economics, a lot of it makes sense. The wage and benefit increase for workers in China are somewhere between 15% and 20% per year. When taken together, the cost for industrial real estate, supply chain logistics, and transportation costs are becoming prohibitive for goods returning to the United States. The article also gives some examples of companies that are already moving production back to the United States. All in all the article tells of resurgence in the manufacturing of goods bound for North America. A good thought provoking article. Enjoy, and let me know what you think. Eron...
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- Spring '11
- Microeconomics, Harold L. Sirkin, Douglas Hohner, Chinese infrastructure problems