Category Archives: wages

Better get used to higher prices – Shaun Rein

Cheap labor has made the country into a source of deflation for global consumers, but as Chinese wages go up, consumers in Wall-Mart and elsewhere better prepare for higher prices, tells the author of The End of Cheap China Shaun Rein an in interview with the BBC radio.

The opportunities of “The End of Cheap China” – Shaun Rein

The changes described in business analyst Shaun Rein’s bestseller ‘The End of Cheap China”, offers not only challenges, but also opportunities, writes Seeking Alpha in a review of the book.

The repositioning of China’s labor market – Zhang Juwei

Cheap factory labor is phasing out in China, but the country has new assets to offer in terms of labor, says Zhang Juwei, deputy director at the Chinese Academy of Social Science (CASS) in the China Daily. Now, high-qualify labor for a lower price might offer just that opportunity.

Time to improve the lot of workers – Zhang Lijia

Many signs show that the lives of workers in China are improving, financially and otherwise. About time, writes former rocket-factory worker Zhang Lijia in The Guardian. Time for the former “Masters of the Nation” to gain some benefits.

Rising costs in China here to stay – Shaun Rein

Silicon Valley companies face fast rising costs when they make their products in China. Low-end production might move to other Asian countries, but for high-end products, companies should face the new China reality, says Shaun Rein, author of The End of Cheap China, in Mercury News.

Labor shortage hits white-collar jobs – Shaun Rein

China’s factories are running out of labor already for years, but now also companies looking for white-collar workers have a hard time to fill in the fast-growing number of vacancies, tells business analyst Shaun Rein in BusinessWeek. And wages go up fast.

Are China’s authorities starting to listen to revolting workers? – Zhang Lijia

Apple, and its supplier Foxconn, are in the middle of revolts by workers, who are standing up for their rights. Former factory worker Zhang Lijia supports their actions, and hope China’s government will continue to support those workers, she writes in The Guardian.

Trends Western firms miss in China – Shaun Rein

Business analyst Shaun Rein is interview on his upcoming book The End of Cheap China by David Jackson Seeking Alpha. The kick-off: what trends are Western firms missing in China (and much more)?

Ambassador Nicolas Platt endorses “The end of Cheap China” – Shaun Rein

Shaun Rein’s book The End of Cheap China: Economic and Cultural Trends that will Disrupt the World was earlier this week #23 at the Amazon bestseller list for economic books, while you can only pre-order it! A growning number of celebrities endorses the book.

Indonesia benefits as wages rise in China – Shaun Rein

Cheap production is shifting to countries like Cambodja and Indonesia, as the Chinese government targets a firm rise of the country’s wages, to improve domestic consumption, notes business analyst Shaun Rein in CNBC, returning from a trip to Indonesia.