Aug 11, 2011

Shipping Chinese Jobs to Laos and the US

Interesting. Very interesting. Going forward I'm sure we will be hearing more and more about this kind of thing happening. What kind of thing you ask? The kind of thing where rising labor costs in one country (China) cause businesses to seek out lower labor costs in other countries (Cambodia, USA). Wait, did I just say labor costs in the US are lower than labor costs in China? No, but combined with other costs....go read the article right here.