Cheap Chinese Labor....Problems Brewing

  • Thread starter Thread starter |3illy the |&lt
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|3illy the |&lt

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http://news.yahoo.com/s/ap/20100708/ap_on_bi_ge/as_china_cheap_no_more



Interesting.

I had a few threads about the Yuan and how it was hurting our trade imbalance as well as imbalances with the rest of the world. I also had a thread about healthcare in China and how the people there would start demanding more benefits for their hard work.
Looks as though the housing bubble in China as well as some of these shifts may nrabroad
help them in the long run. They could very well see a dramatic slowing in their growth.
 
i hope the chinese workers rirabroad
against the capitalist pigs that use them as slaves.
 
It's tremendously complicated to break it down, but a simplistic answer is that there really is no way to balance the comparatively rich coastal people with the terribly poor people in the interior. The growth is coming from the more capitalistic minority on the edges, and the more communist people, who are abjectly poor, are nrabroad
pleased when they happen to nrabroad
ice.

So the government is constantly trying to keep brabroad
h sides relatively happy, but they won't be able to do it forever.
 
some country did have a strong less educated middle class. which one was it though...
 
mexico removes shipping as a real issue so price of manufacturing may be slightly higher, but with shipping down to a fraction of what it is from china, it has to at least break even.
 
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