#worldfactory
Why rising labour costs failed to weaken China’s manufacturing dominance
China’s manufacturing success was attributed to cheap labour. That perception has now changed completely. Factory wages in China have climbed close to eight dollars per hour, far higher than those in Vietnam, Malaysia, Thailand, and India. By cost logic alone, China should have lost its position as the world’s manufacturing hub. Instead, it continues to dominate global production, contributing nearly 28 percent of worldwide manufacturing output. The reason lies not in wages, but in produc
Why rising labour costs failed to weaken China’s manufacturing dominance
China’s manufacturing success was attributed to cheap labour. That perception has now changed completely. Factory wages in China have climbed close to eight dollars per hour, far higher than those in Vietnam, Malaysia, Thailand, and India. By cost logic alone, China should have lost its position as the world’s manufacturing hub. Instead, it continues to dominate global production, contributing nearly 28 percent of worldwide manufacturing output. The reason lies not in wages, but in produc









