Friday, July 25, 2014

In 2004, production von buhl riesling costs in China, according von buhl riesling to Boston Consult

American backcountry von buhl riesling beckons Chinese firms - Patria.cz von buhl riesling
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Wilcox County District bothering the highest unemployment rate in Alabama. Factories furniture and textile factories have long been abandoned and people desperately need work. And it appeared, although the most improbable places - from more than 12,200 kilometers distant Chinese province of Henan, news agency AP.
In May here in the small town of Pine Hill opened the race Chinese company Golden Dragon Precise Copper Tube Group. In a region with lakes full of bass, pine forests with turkeys and wild boar and muddy paths most suitable for cars with four-wheel drive employs more than 300 people. von buhl riesling
"Work where you pay $ 15 (over 300 CZK) per hour is rare," he told the AP by an official from the nearby town of Thomasville Dottie Gaston. What is happening in Pine Hill, is starting to happen von buhl riesling all over America. After decades of outsourcing of jobs in the manufacturing sector of the U.S., it is China that there is starting to build again. Chinese companies last year, according to research firm Rhodium Group invested a record U.S. $ 14 billion (281.6 billion CZK). Together they employ more than 70,000 Americans. Ten years ago, while not employ almost any American.
What is this force that pulls Chinese firms across the Pacific? There are several very good economic reasons - reducing disparities in wages, the decline in energy prices in the USA and the vagaries of the foreign exchange markets, von buhl riesling particularly the growth of the yuan to the dollar. A mayors and members of local governments welcome Chinese investors. Particularly aggressive are the southern states that offer low labor costs and land prices. In the case of plant in Pine Hill also have operated tax holiday, southern hospitality and bowl of homemade banana pudding.
USA and China have long been unbalanced relations - China produces goods and America buys it. A three decades, many American companies shifted their operations to China. The U.S. trade deficit in goods with China but last year he stepped to a record 318 billion USD (6.4 trillion CZK).
Now everything is starting to turn. One of the reasons is that over the last decade, labor costs, adjusted for productivity, in Chinese factories increased by 187 percent. In the USA, however, according to Boston Consulting firms was only 27 percent. Electricity prices in China increased by 66 percent, which is more than double the growth in the USA. Chinese yuan to the dollar was strengthened by more than 30 percent, increasing the prices of Chinese goods abroad and vice versa U.S. goods in China more affordable. All this reduced the competitive advantage of China.
In 2004, production von buhl riesling costs in China, according von buhl riesling to Boston Consulting about 14 percent lower than in the USA. Now, however, lower by only five percent. If China continues von buhl riesling to grow wages, energy prices and the domestic currency will p

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