The Coming Shift: China Starts Outsourcing
Here's another straw in the wind:MOBILE PHONE builder China Techfaith said Wednesday that it has signed up Egyptian firm Quicktel to develop and assemble low cost handsets there.
Once therer are cheaper places to build stuff than China, the latter's role as the workshop of the world will diminish, and with it the economic and ecological imbalances that has led to.
Of course, the West - and China - will need another cheap workshop to keep their unsustainable lifestyles going, and to soak up all the outsourced pollution. My money's on Africa, and it looks like Egypt is leading the way....
3 comments:
It was just a matter of time, actually. I think the same happened to Japan, right?
"My money's on Africa, and it looks like Egypt is leading the way...."
Watch China in Congo as well.
Apologies for the delay in posting these: Gmail is eating up a lot of stuff these days....
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