Quote:
Originally Posted by fjtorres
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. |
Yes, they are starting to move out of China. But don't forget that all the major alternatives combined don't have half the population of China. And it is not just a big factory that has to move. The whole industry, including suppliers, has to move to recreate the efficiencies that exist in China.