Quote:
Originally Posted by Nkc
I've been manufacturing in China for the last 5 years and wages have gone up about 4x compared to when I first started.
...A lot of factories have closed down due to this main problem as standard of living continues to rise exponentially in China. Minimum wage has been increased at least once a year. Supply of workers are extremely low as the younger generations are less motivated to work in production....
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Funny how things work. As China continues to grow, manufacturing jobs can now come back to the U.S. I'm sure there's a few layers of Inception there
