Do you feel bad for Chinese workers losing their jobs to even cheaper countries like Vietnam and Indonesia?
"[China] is losing its claim on cheapness as factories get squeezed by rising prices for energy, materials and labor. Those expenses, plus higher taxes and stricter enforcement of labor and environmental standards, are causing some manufacturers to leave for lower-cost markets such as Vietnam, Indonesia and India..." http://www.iht.com/articles/ap/2008/02/22/business/AS-FEA-FIN-China-Losing-Competitiveness.php
Asked By: #1 Palin Fan - 11/19/2008
Best Answer - Chosen by Asker
China's problem isn't cost, it that there is a growing perception that products made in China are not safe.
Answered By: JB - 11/19/2008
Additional Answers (2)
Nope, I think turnabout is fair play.
Answered By: FBH - 11/19/2008
Well I guess now they will know what we have been going though with all of our jobs going to them.
Answered By: purrsephanie - 11/19/2008
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