Thursday, July 1, 2010

China Manufacturers Moving Inland

VOAVideo: Economists say China's decision to allow more latitude in the value of the yuan will not have an immediate impact on global trade or the U.S. trade deficit with China. But growing demand for higher wages in China's coastal manufacturing hubs, combined with the inevitable appreciation of the undervalued Chinese currency, could permanently alter the Chinese manufacturing landscape. Mil Arcega has more.