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'Made in China' starting to get too expensive
Posted By -NO AUTHOR- On 02/03/2012 @ 7:38 pm In Money | No Comments
(MOTLEY FOOL) — American workers are far, far more productive than their Chinese counterparts.
Seem like an overly bold statement to make? Consider a recent study published by the Boston Consulting Group entitled Made in America, Again. The study makes just that assertion. And what happens when you combine lower productivity with the rising wages that Chinese laborers now demand? We might be looking at the perfect recipe for the rebirth of American manufacturing.
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