China’s Rising Wages and the ‘Made in USA’ Revival

It wasn’t long ago that China was the cheapest place on earth to make just about anything. When China joined the World Trade Organization in 2001, the average hourly manufacturing wage in the Yangtze River Delta was 82¢ an hour. Oil was $20 a barrel, so no matter where you were ultimately selling…

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China’s Rising Wages and the ‘Made in USA’ Revival

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