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China Becomes The High-Cost Provider Of Goods Posted: June 7, 2010 at 5:45 am China has a problem. Before the recession it was clearly the low-cost provider of goods among the largest nations of the world. Its inexhaustible workforce were another advantage. Its manufacturing facilities are massive. It has only been in the last year or so that China’s cost of labor has spiked up. Like Japan, the country is the victim of its own success. China has created a huge middle class, and that middle class expects a standard of living that relies on healthy wages, and in a...

http://www.chosun.com/economy/news/200506/200506190265.html/begin my translation'Cheap Made-in-India Products' Strangle ChinaWal-Mart considering the relocation of its supply base from China to IndiaLabor cost 30% cheaper, production cost 10% cheaper than ChinaWal-Mart to buy 1 billion dollars worth of Indian products.The beginning of multinational corporations' march out of China?Choi Yu-shik finder@chosun.com posted: 2005.06.19 21:02 17'  last modified: 2005.06.20 00:48 19' Multinationals' march out of China into India is starting? The world's largest chain store, Wal-Mart in America, is considering to switch from China to India its (main) supply base for textile and clothing,  which is a major blow to Chinese business community.  Andrew Tsuei, a Vice President in charge of Global...