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Chinese Labor

Tim Bray points to an interesting Times article on China's looming labor shortage:

So it is here in Ningxiang, a 10-hour drive from the factories on the southern coast, that clues can be found to a problem once thought inconceivable: The world's most populous nation, which has powered its stunning economic rise with a cheap and supposedly bottomless pool of migrant labor, is experiencing shortages of about two million workers in Guangdong and Fujian, the two provinces at the heart of China's export-driven economy.
Keep your eye on China in the coming decades folks. Whether her economy succeeds, fails, falters or explodes, we'll definitely be feeling the repercussions here in the States (and the same is true if you're not reading this from "the States.")



This page contains a single entry from the blog posted on April 4, 2005 5:07 PM.

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