Friday, November 21st, 2008

Posts Tagged ‘ Olympic Games ’

China’s Manufacturing Base is in Crisis

Apr 22nd, 2008 | By J. Christoph Amberger | Category: International Investing

As the U.S. economy is slowing down, China’s manufacturing base is beginning to crumble. Rising cost, increasing exchange rates and sagging demand are forcing companies to close shop, or to outsource capacities to cheaper regions in Southeast Asia.