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Wednesday, January 05, 2011

China: Cheap shoes no more!

The cost of production in China is rising and according to experts will severely impact on the cost of footwear worldwide. A better informed Chinese workforce and changing financial situation in China have combined to increase the base costs of production for foreign companies. Whilst many have already relocated to other countries experts believe this has only short term benefits and the world may now look forward to mose expensive shoes.


Reference

Green J There Isn't a "Next China: Now What? Panjiva

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