We have written countless posts bemoaning the end of cheap China and discussing how that is going to impact companies doing business in China. We have also written countless posts discussing the countries we see coming to the fore as China replacements. Obviously, companies are going to need to make very complicated and fact-laden decisions on whether they will stay in China or go elsewhere.
The Economist Magazine recently came out with an excellent article on these very things. Entitled, “The end of cheap China: What do soaring Chinese wages mean for global manufacturing?” it does a great job highlighting some of the issues involved with making the decision to stay in China or go elsewhere and we recommend you read it if you are or will be facing that same decision.
For more on manufacturing moving out of China, check out the following:
- China Factories Moving In Droves To Cambodia/Vietnam/Myanmar/Malaysia. NOT.
- Vietnam Over China For Small-Scale Manufacturing. Why Didn’t I Think Of That?
- China Too Expensive? Who You Gonna Call? I Say Vietnam.
- China’s New Labor Law And Why Vietnam Is No Big Thing
- Goodbye China. Good Morning Vietnam. I Don’t Think So.Vietnam and China. Labor Shortages Or No
What do you see happening out there?