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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: skinowski who wrote (108855)6/23/2010 3:07:22 PM
From: GST1 Recommendation  Read Replies (1) of 110194
 
The supply of cheap labor in China is not what it seems. Years ago, China had already come to realize that the cheap labor model would soon fall apart. Moving people around as they have is not sustainable. More development will push up the Pearl Delta and farther inland -- this is already well established as a trend. While this is going on, wages will move up sharply in the more developed coastal regions. China's demand for everything under the sun is skyrocketing -- and there is no end in sight for decades.
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