Re: Wages are going up in both the U.S. and China.
I have to admit it's an intriguing article, scared me at first. A friend of mine who moved a business to China said the rural area into which they moved had acres and acres and acres of factory buildings with infrastructure just waiting for businesses to move in. Labor was available from the surrounding area.
Competing with that availability and eagerness for business would seem to be very difficult.
(By the way, he shut down his business. He made plastic boards out of recycled plastic. HIs sources of raw materials couldn't keep biodegradable plastic out of the bulk supplies, and the boards couldn't be guaranteed to last.)