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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: carranza2 who wrote (94371)	9/11/2012 5:59:10 AM
From: elmatador	of 218279

Mexico rebalances with China: labour costs in the manufacturing sector in China have increased about 20 per cent a year on average between 2003 and 2011 in constant US dollars compared with remaining fairly flat in the case of Mexico. Those numbers have reduced a gap that in 2003 placed Mexican wages six times higher than Chinese wages to just 40 per cent higher last year. Made in Mexico gains ground on China blogs.ft.com It took 8 years salaries grow in China and Mexico's salaries flat to rebalance with Mexico. Europe needs the same type of rebalancing.

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