Companies brace for end of cheap made-in-China era

Nevertheless, made in China good will remain competive .

. . . . competitive.

Where will the Globalists (Libs) find their slaves now?

Badsey

Where will the Globalists (Libs) find their slaves now?

Are you kidding ? ? ? With the economy in shreds in the US, for example and beginning to unravel here as well . . people are willing to work for less and less . . even the Unions ,which protected workers, are selling out.

Wouldn't this be a good thing as more Chinese become their own consumers, and American companies start to make more products again?

caffeinbuzz: Not only the U.S., but the whole world is hoping for Chinese consumers to reach their potential.

In fact the Chinese government also wants to increase domestic spending because they know the export gravy train will end ( or at least decrease dramatically) some day.

Interesting article, but from a recent article posted here, the average Chinese worker is not making that much money. Will they be able to afford the goods that are being made there for their domestic market?

So now it's going to be a little more more expensive copied lesser quality goods from China?

This is China's era or "rising expectations". The Chinese government should really have tried to share the wealth. One thing the government knows: when Chinese are unhappy, they have a revolution.

So the US is now becoming a kind of the third world providing cheap labor to the big corporations; and I thought --on the American continent-- that would be the Mexicans only.

Where will the Globalists (Libs) find their slaves now?

I'm betting Africa. China is all over the continent already.

Chinese are people too and no matter how much the communist regime may try to ram down their throats the idea that is OK for the Chinese factory workers to work for peanuts while just a few Chinese are getting filthy rich, well, you can understand how unhappy many of these factory workers maybe, so it does not take a rocket scientist to figure out that many, many underpaid Chinese will soon start to rock the boat baby.

Hopefully trade will balance a bit more as Chinese wages increase. 1st world manufacturing except perhaps in Germany has been wiped out by the Walmart/China complex. Certainly paying higher prices for goods made domestically and employing your own people would be a good thing in the long run. Globalization has really only made CEOs rich and hurt workers. Of course it allows every trailer park dweller to have a flat panel tv but is that a good thing?

I'm willing to bet that the average Chinese worker can still live in China fairly well on their wages but as usual greed gets in the way. Now they want to be able to afford the products that they are shipping overseas. So they ask for more and more. This is a cycle that repeats over and over again. Didn't this happen in North America too? And unions just made it so much more expensive to produce goods with less production time and all forcing companies to take the cheaper alternative elsewhere?

1st world manufacturing except perhaps in Germany has been wiped out by the Walmart/China complex. Certainly paying higher prices for goods made domestically and employing your own people would be a good thing in the long run. Globalization has really only made CEOs rich and hurt workers.

@usaexpat, check out Buchanan's Yankee Utopians in a Chinese Century pretty grim assessment on the slow death of US economic growth. Those folks in Asia worried of US competitiveness should read it =/

Unfortunately, when US market dies out, we're all in it to live the setbacks too :(

And unions just made it so much more expensive to produce goods with less production time and all forcing companies to take the cheaper alternative elsewhere?

Can you blame CEOs for shifting jobs? Even the most nationalist commentators in the US blame their unions for the collapse of confidence of American superiority :(

* Can you blame CEOs for shifting jobs elsewhere*?