The Chase of Cheap does Deeper into China
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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