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The Chase of Cheap does Deeper into China

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FT.com / Asia-Pacific – Chinese manufacturing hub toughens investor rules:

There's always somebody/someplace “cheaper” isn't there?

“Shortages of power, labour, land and water are raising costs for manufacturers in the area, forcing some low-end factories deeper inland. At the same time, cities in the Pearl River delta, which produces a third of China's exports by value, are keen to move up the value chain by luring high-technology companies.”

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Mark Graban is an internationally-recognized consultant, author, and speaker who has worked in healthcare, manufacturing, and startups. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. His most recent book is an anthology titled Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also the VP of Improvement & Innovation Services for the technology company KaiNexus. His next book, to be released in 2018, is Measures of Success.

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