4 ms·
I don't think it will be perceptible to most people - the cost of goods will rise relative to their usual decline, but it will still be a decline.
by acgourley 14y ago
I don't think it will be perceptible to most people - the cost of goods will rise relative to their usual decline, but it will still be a decline.
- greenyoda 14y agoThe cost of goods might not even rise. Employees who are stressed, overworked and in pain probably have higher defect rates and turnover than employees who are treated more humanely.
- ChuckMcM 14y agoFrom a global economy perspective, once China gets to a certain cost basis places like Vietnam become 'better' places to do your manufacturing. Since the same families that run factories in mainland China often run similar facilities off shore, the growth will start spilling over into the rest of south east Asia in a bigger way.