Quote:
Originally Posted by Ralph Sir Edward
The days of using an "endless source of cheap labor" for assembly are limited...
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In coastal China, perhaps.
There's plenty of places left to exploit.
(In fact, Foxconn is already building factories in Brazil and looking at africa.)
http://chinainvests.org/2011/02/18/w...g-geese-style/
If you look at the labor rate charts, the Phillipines is right there in china range. What they lack is the raw numbers of workers.
Which is where Africa comes in.
And, in a few decades the ticking demographic time bomb in the islamic lands will go off.