Respond to This

cheap labor in china may be a thing of the past

I think it says in the Bible, don't export your technology to foreign lands.
This is interesting though:


http://bbs.chinadaily.com.cn/viewthread.php?gid=2&tid=673262&extra=page%3D1
Responses
Respond to this

Re: cheap labor in china may be a thing of the past

7/15/2010 12:05 PM

Randy Hano (12149) wrote:

Yep - Watch for rising prices or another deviation in manufacturing. Wouldn't it be something if some of it returns to the US again?

Nah - You still have South America and other countries to go too.

Respond to this

Re: cheap labor in china may be a thing of the past

7/15/2010 1:06 PM

Ken Richardson (9051) wrote:

Speaking of manufacturing, South Korea has really done well the last few years.

Hyundai has sold a lot of cars, and the quality is really there these days. Lots of nice guitars are made there. Kinda like Japan was a while back, good products and good prices. Prices are up a bit, but still pretty good on a lot of Korean made things.

Respond to this

Re: cheap labor in china may be a thing of the past

7/15/2010 2:27 PM

Randy Hano (12149) wrote:

I believe that was one of the target areas post Japan along with Mexico. Give it time and we will be in India. Many tech support services are there now. Funny how the world exploits the third world for profit.

Respond to this

Re: cheap labor in china may be a thing of the past

7/15/2010 2:58 PM

Ken Richardson (9051) wrote:

Guess its exploiting cheap labor. I

ts a real shame that some people are in love with money like that to the point of exploiting others overseas and moving jobs away from neighbors (literally neighbors).

Respond to this

Re: cheap labor in china may be a thing of the past

7/16/2010 4:40 PM

Steven Johnson (1327) wrote:

I thought there werent anymore third world countries, since the cold war ended.

Respond to this

Re: cheap labor in china may be a thing of the past

7/16/2010 11:56 PM

Randy Hano (12149) wrote:

Maybe I am using the term wrong Steve. I believe countries who have two classes fall under that catagory but you are correct by definition that the cold war did have some end to the supposed 3rd world. It sure doesnt seem so.