Book Review-Transformation in China and Beyond: Implications for Global Leaders

摘要

British textiles company Caldeira is moving manufacturing out of China and back to its home base. American companies doing the same include Cole-man, Sleek Audio, and Peerless. China is entering a new stage. In Breakout Nations: In Pursuit of the Next Economic Miracles, Ruchir Sharma explains that increasing costs are beginning to have an impact. Wages are rising; workers are gaining more rights. The head of a small construction glass company told a member of Sharma's investment team, "Three years ago you could shout at your workers; now they can shout at you."