The End of Cheap China (ePub)

As China evolves, so does the global marketplace--all the
way down to the consumer

The End of Cheap China is a detailed look at the rise of
China, and how it will affect the global marketplace. A thorough
exploration of the changes taking place in the Chinese economy, the
book explains how much of the Western consumerist culture is built
on the back of cheap Chinese factory labor, and warns that the era
is coming to a close. Readers will learn why the cheap labor pool
is beginning to dry up, what that means for the rest of the world,
and how businesses will have to adapt to stay afloat. This updated
second edition includes new statistics, the latest news on the
Chinese economy, and additional case studies that illustrate the
ways in which China has developed--into a brand-new potential
market.

China's social, political, and economic evolution will affect
the entire world. Rising incomes are building pressure on the
global commodities market, inflation is only just beginning, and
consumers are experiencing sticker shock as cheap labor is becoming
harder to find. The End of Cheap China explains the factors
driving these changes, the impact that can be expected, and the
opportunities that constitute a major silver lining for businesses
panicking about the coming paradigm shift. Readers will:

* Discover the eight mega-trends changing China, and how far the
ripples will spread

* Learn how rising costs in China will dramatically affect the
American way of life

* Examine the rise of Chinese consumption, and the friction it
engenders

* Consider the changes businesses must make to remain profitable
in a changing world

The global marketplace is evolving, and it's up to businesses to
keep pace with the changes. The End of Cheap China provides
a roadmap for navigating these changes, helping businesses lead the
charge toward a more affluent global economy.