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Newsroom: Industry News

Industry News
3rd November 2017

China manufacturing and robots and OEMs

With rare exceptions, American and European companies have goods made in China for one reason: because it’s cheaper. Why is it cheaper? Because labor is so much cheaper in China than in the US and Europe, and labor is a significant portion of the production cost. But over the past several years, wages have been steadily rising in China, making Chinese factories progressively less competitive on labor costs. 

China Law Blog

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