Labor & Economic News Blog
Tuesday, May 22, 2007
China's Manufacturing Boom Worries U.S.
China's Manufacturing Boom Worries U.S.NPR audio:
Some U.S. lawmakers are concerned that the U.S. simply can't compete with the flood of cheap Chinese goods. But China's manufacturing boom is only getting bigger. The factories have moved inland, where city officials lure investors by claiming they can pay their workers half what they pay in other industrial cities.
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