Title: The end of cheap China : economic and cultural trends that will disrupt the world /
Authors: Rein, Shaun, 1977-
Publisher: John Wiley & Sons, Inc.,
Year: 2012
Subjects: Labor China; Costs, Industrial China.; Consumption (Economics) China; BUSINESS & ECONOMICS / General.; China Economic conditions; China Social conditions; China Commerce.
Abstract: "An expose; on how the rise of China will affect the American way of life As China gains recognition for more than its low-cost manufacturing, the glut of cheap labor is drying up. America's growth for the past three decades is largely thanks to Chinese laborers' willingness to slave away in factories. As China takes 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 Collapse of China Cheap exposes eight mega-trends that are catalyzing change in China, explains the impact those trends will have, and gives expedient tips as to how businesses can profit in the changing global marketplace.The Collapse of China Cheap shows: 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 China's days as a low cost production center are numbered. The Collapse of China Cheap exposes the end of America's consumerist way of life and gives clear advice on how to succeed in the changing global marketplace"--