so you’re sweating about China outsourcing jobs! that is crazy though right???

reading through the NY times article, yes labor costs are about half China now – BUT, where in China. inner china is still very low….but the TRANSPORTATION COSTS from inner china to the coast eats into those cost savings.

Chinese government has been pretty good about taking care of its people, and the culture in China is very family oriented, those I know there the parents really are strict about continuing education and getting a good career….

But that is what China is trying to transition from – It wants MORE HIGH TECH work, many Shenzhen factories were almost pushed out of the city by the government to push for more high tech industrial players to take its place.

I think its a natural process…..a developing country needs to work for less to build up its infrastructure and educational systems…..and hopefully those country leaders are smart enough to invest their tax income and revenue properly for their people, and not be corrupt and put it in their own pockets.

Thanks for the great feedback…..but I still think China will continue to lose these jobs…

But a lot of the responsibility is to the people who live in these countries and their governments. There’s no way small business people can compensate for lack of basic social services and education.

One of the issues I’ve run into while in China is working with people (contractors, real estate agents, etc) who not only have not had a college education but also not even had the good fortune to go to high school.

Education is something we take as a given in the USA. We take for granted that construction workers, the guy that installs your telephone and the person who fixes a leaky sink at least has a high school education.

Was reading an article about how China is losing low end jobs to Bangladesh. While Bangladesh is cheaper than China, productivity is only 25%! Many, if not most workers have never been to any school and are completely illiterate! Without a vast improvement in basic education, countries like that are going to find it difficult to get out of the rut they’re in.

China understands this and has been willing and able to do something about it. India, Philippines, etc have been less convincing in these fronts… Will be interesting to see how things develop.