I can tell you that we are slowly moving away from China sourcing in my industry and looking back at the US and Latin American countries for finished goods. Labor costs in China have more than doubled in the last year as have energy and raw materials costs. The Chinese overlords are getting greedy and workers are demanding more and more wages, benefits and time off. They are quickly destroying their own resources and quality of life through unbelievable pollution and a total lack of husbandry of their resources. There is currently no conservation plan in place. They have destroyed entire river systems through pollution and their energy costs are quickly rising. No CHinese company will currently guarranty pricing more than two months on anything.
Don't count them out quite yet, but they are quickly losing their competitive edge and will soon be just on option when shopping for production facilities.
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