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From the FT: Cheap China goods era over
- olegious 16y agoIf true that would mean the era of low inflation/low interest rates is coming to an end as well.
- SlipperySlope 16y agoThe era of Cheap China Goods may be over but the era of Cheap Goods is not over. Industries requiring lowest wages will migrate to other countries as the article states: Viet Nam, Indonesia, Bangladesh. Eventually Africa will be the manufacturing powerhouse for lowest-wages goods.