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Summary

China's days as a low cost production center are numbered. As China  is gaining recognition for more than its low cost manufacturing,  the glut of cheap Chinese labor is drying up.   What does this mean for global business?  America's economic growth for the past three decades has been  largely attributed to the willingness of Chinese laborers to slave  away in factories. As China begins to take on a more significant  role in international affairs and as commodity prices rise,  Americans face a deepening threat to their accustomed way of life  and consumption. The book exposes 8 mega-trends that are catalyzing  change in China, explains how those trends impact the rest of the  world, and gives expedient tips as to how businesses can turn  profit in the changing global marketplace. The book will show    How rising labor and real estate costs are forcing  manufacturers of cheap Chinese products to close, relocate, or move  up the value stream  How a restructuring economy moving away from export to  domestic consumption will create opportunities for foreign brands  to enter China's sales market as incomes rise  How Chinese consumption will build pressure on the global  commodities markets, causing inflation and friction with other  nations      This revised and updated paperback includes updated statitics, new  information on the Chinese economy, and additional case studies to  illuminate how China has developed.

Duration: about 7 hours (07:21:06)
Publishing date: 2020-07-20; Unabridged; Copyright Year: 2020. Copyright Statment: —

• Business & Economics