Is the "Made in China" logo about to come to an end?

) July 8th, 2010

For years, China has been known as the country for cheap products, cheap labor and a haven for business profits throughout the world. is “Made in China” about to be just a memory? the people of China are now demanding higher wages and a cut in the profits and rightly so. since, 2008, the Chinese labor force has steadily asked for more money and benefits. this has caused many Chinese-based factories to pull out of China, looking again for cheap labor. some factories are actually coming back to the United States. thats great! Question: if Chinese labor forces are paid higher wages, how will this effect WalMart and other big U.S. department stores that depend on China for that special label, “Made in China”?

Source: AP

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3 Answers

It has also been argued that China has kept the RMB artificially low, allowing them an unfair competitive advantage with regards to foreign trade. To address your question, I would suspect many corporations will find other sources for cheap labor in Asia, South America, (possibly even Eastern Europe and Africa?).

gorillapaws (30808

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Naturally if Chinese labor forces request higher wages the overall prices for goods will rise once again. Having products “made in China” was a result of greed in the first place. Greed will find another source rather than put people to work in their own country.

AmWiser (14947

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Perhaps it will go the way of “made in Japan.”
Remember those cheap little paper fans and other meretricious trinkets of the 50s?
[well, they existed]

NRO (287

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