Dyspraxicfundamentalist- Worldview: The Chinese Economy
A good look at where China is at, and where it can go from here. Essentially, China has peaked with the manufacturing industry, and the workers are starting to demand more payment. As such, they are loosing the edge on costs that made them a big economy.
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1 comment:
Actually, I am not aware that the Chinese workers are demanding more payment.
However, if the Chinese intend to increase domestic consumption they will need to increase wages.
God Bless
Matt
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