Download The End of Cheap China: Economic and Cultural Trends That Will Disrupt the World AudioBook Free
An exposé on how the surge of China will impact the American way of life, The End of Cheap China is a great, riveting, must-listen audiobook not only for folks doing business in China but for anyone thinking about understanding the causes that are changing the globe. Many People in america know China for developing cheap products, thanks largely to the country's great way to obtain low-cost personnel. But China is changing, and the glut of cheap labor that has made each day low prices possible is drying up as the China people seek never to make iPhones, but to buy them. Shaun Rein, Creator of the China Market Research Group, places China's continuing change from manufacturer to large-scale consumer - a process that is further along than most economists think - under the microscope, analyzing eight megatrends that are catalyzing change in China and posing hazards to People in america' consumption-driven way of life. Rein can take an engaging and informative method of examining the incredible changes taking place across all levels of Chinese society, talking to everyone from Chinese billionaires and mature government officers to poor migrant employees and even prostitutes. He pulls on personal testimonies and experience from surviving in China because the 1990s as well as hard economic data. Each section focuses on a different aspect of China's change, from fast-improving Chinese companies to self-assured, optimistic Chinese women to the role of China's federal, and at the end reduces key lessons for listeners to eliminate. The End of Cheap China shows:
- How rising labor and real property costs are forcing manufacturers of cheap Chinese products to close, relocate, or move up the value stream
- How a restructuring economy leaving exports to domestic consumption, and rising incomes will create opportunities for foreign brands to market products in China rather than simply producing there
- How Chinese utilization will build strain on the global commodities markets, triggering both inflation and friction with other nations
- How China's economic transformation spells the finish of cheap utilization for People in america
- China's days as an inexpensive production center are numbered.