Sunday, September 18, 2011

China loosing edge to Asian neighbours as world?s cheapest place to manufacture

Bangladesh textiles exports soared to 18 billion dollars in the last twelve months China is losing its edge as the world's cheapest place to manufacture goods, a new report suggests. Indonesia and Bangladesh are benefiting most as rising costs in China force firms to switch production, it says.

Source: http://en.mercopress.com/2011/09/17/china-loosing-edge-to-asian-neighbours-as-world-s-cheapest-place-to-manufacture?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

Nicolas Anelka European football West Bromwich Albion Rugby union Bradford Bulls Small business

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