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For years, labor rates have been the primary advantage Chinese manufacturers have benefited from, however, wage rates in China are growing at an accelerated rate, with some reports indicating they will surpass rates in Mexico and other developing countries very soon.
What does this mean for your supply chain? Should you be concerned?
A recording of this presentation can be viewed here: http://www.slideshare.net/ihs_supplychain/when-will-china-lose-its-lowcost-edge
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