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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (694959)8/2/2005 1:19:45 PM
From: d[-_-]b  Read Replies (1) | Respond to of 769670
 
buddy,

re:I was merely pointing out that this 'all China, all the time' sourcing by Walmart was unlikely to last forever. As China's wealth increases (compounding so rapidly as it is) *eventually* (perhaps on the order of 20 years or so) even they will run out of exceedingly cheap labor

True - China is the low cost producer for this decade. Given they are so much larger than the next low cost producer they could be the dominant producer for far longer than Korea or Japan were in their day.