I worked at a tech start-up in China for a year. Labor costs definitely are cheap. That said, considering the high taxes, the extreme levels of regulation, th

I worked at a tech start-up in China for a year. Labor costs definitely are cheap. That said, considering the high taxes, the extreme levels of regulation, the rules that make things difficult for foreign-owned businesses, the necessity of an ICP and the great firewall, it's actually not such an amazingly cheap place to do business. I've talked to several who have moved shop to SE Asian countries, but I can see advantages of Mexico, Chile or other Latin American countries that are a bit more welcoming.