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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Amelia Carhartt who wrote (102331)	8/17/2013 3:26:28 PM
From: Snowshoe	Respond to of 220015

They are having both successes and failures. I would not dismiss the west so lightly... China's Gleaming Ghost Cities Draw Neither Jobs Nor People online.wsj.com Updated August 11, 2013, 11:26 a.m. ET TIELING, China—When this small city in northeastern China launched a plan to build a satellite city 6 miles down the road, it got off to a promising start. Urban planners spent millions of yuan to clean up surrounding marshland that had become a dumping ground for the city's untreated sewage. A pristine environment, they hoped, would help attract the businesses that would raise incomes and swell the population. Four years later, Tieling New City is virtually a ghost town. Mexican manufacturing gains an edge on China dallasnews.com Updated: 01 July 2013 10:26 PM Mexico is gaining a significant competitive edge in manufacturing. Low wages and improved productivity pushed labor costs below those in China last year, according to a new study from the Boston Consulting Group, and the gap will widen in two years to 19 percent. This may sound like bad news for hopes of a manufacturing renaissance in the United States. The same competitive swings helping American manufacturing — stable wages, flexible labor markets, cheap energy and shorter supply chains — are at work in Mexico. And that raises the same fears of jobs heading south that NAFTA aroused in 1994. NAFTA may have taken jobs away from the industrial Midwest, but it added manufacturing jobs in Texas, most immediately from the cross-border industrialization that came with maquiladoras. A more competitive Mexico should strengthen Texas industries even more and raise less havoc in the Midwest, said Harold Sirkin, a senior partner with the Boston Consulting Group.