September 11, 2008

ALL CHINA HAS EVER HAD TO OFFER...:

Is Mexico the new China?: Skyrocketing fuel costs may lure manufacturing firms back to Mexico. (Rafael Rivero and Sara Miller Llana, September 11, 2008, CS Monitor)

Just as Mexico was becoming the rising star of global manufacturing in the 1990s, China's even cheaper wages turned that country into the world's factory.

But now, with skyrocketing oil prices, escalating labor costs in China, and an appreciating currency there, companies targeting the US market are doing the math and giving Mexico another look. So-called "nearshoring" could generate a reverse globalization that brings manufacturing back to Mexico.


...is cheap labor and there's always folks who are cheaper.

Posted by Orrin Judd at September 11, 2008 6:14 AM
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