Yes, Lets See, Who Can We Best Exploit Today? Chinas low-cost - TopicsExpress

Yes, Lets See, Who Can We Best Exploit Today? Chinas low-cost labor force wages, weak yuan, and high investment helped make it a manufacturing and exporting hub. But over time, as the yuan appreciated, wage inflation ticked up, and supply chains became more complicated, multinationals started exploring other options. In whats been dubbed the American manufacturing renaissance, many U.S. companies have been reshoring operations. ... by 2015, average manufacturing-labor costs in Mexico are projected to be 19% lower than in China. Read more: businessinsider/mexico-becoming-manufacturing-powerhouse-2014-4#ixzz2zqi2sb00

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