World Business: The End of Cheap China? 26/09/08

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Uploaded by on Oct 16, 2008

World Business: China is well known as the factory of the world, and Guangdong province is the factory of China. For over two decades the cheap labour of the Pearl River Delta has made the worlds goods. But with costs rising fast, Guangdong is losing its competitive edge, and now the government wants to move away from its labour intensive, low wage low margin model, and move up market.

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  • first of all, your spelling proves just what kind of person you are.

    secondly, English isn't even my first language but I speak it better than you do.

    Thirdly, rambling on about this topic to a pathetic stupid-minded person in the internet is pointless...

    No wonder you're complaining about unemployment; you lost your jobs because your boss figured you're too stupid to spell recession so he fired the weakest link HAHA

  • more and more company's are leaving China to look for a cheaper labour market like Vietnam ,Thailand , and Phillipines. And in the future Africa wil play a huge role in the labour market.

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All Comments (19)

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  • Import some sub sahara muslims. They will "enrich" your culture.

  • I visit the websites and post comments with the assistance of machine translation. Thanks my friends for their understanding, support and help."

    希望有更多的职工代表和工会积极分子的参与,推动工运的发展。

    Want to have more staff representatives and trade union activists involved in promoting the development of the labor movement.

  • @bolabola hey i dont spell well either, but that doesnt mean im any type of person

  • @Stridus7

    They should support their own labour markets.. Keep industry in america outsourcing leads to job losses less work freedoms and bad quality imported crap from china. Fuck china..

  • Indian, Indonesian and Vietnamese labours are far cheaper than the Chinese, kids in India, Indonesia and Vietnam have to work like slaves. Chinese wages are rising but the export keeps growing that means Chinese products are much better. US, Europe and Japan are full of debts, the whole Western world is falling down fast. Go to watch this video on Youtube----->Peter Schiff - CNN April 25 2011 U.S. vs. China<------ to see how your own American expert saying about your American economy.

  • U MUST HAVE A MBA OR A PRO TO MAKE 500-700 VIETNA DR MAKE 700 A MONTH

  • hahahaaaaa, if everybody in a particular country live on welfare. who will pay the tax....where does the government get the money from?? even if the average worker get $10 a month is much better than a man who do nothing everyday and wait for the welfare cheque at the begining of every month.

  • @kimononvidia

    you are  right.

  • China workers salary  also increase and salary is $500 per month now. China is no more cheap labor country.

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