Send to a Friend

john65pennington's avatar

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

Asked by john65pennington (29258points) 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

Using Fluther

or

Using Email

Separate multiple emails with commas.
We’ll only use these emails for this message.