China has been raising wages over the past decade, and many manufacturers have been contemplating to move to neighboring countries, like Cambodia. But being cheap is not enough for those ASEAN countries to attract production from China, warns author Shaun Rein of The End of Cheap China, in the Phnom Penh Post.Read More →

“How much do you earn?” That is one of the surprising questions Chinese strangers can ask you. But they might not only expect a figure, but a conversation, as a salary in China is very complicated feature, explains business analyst Shaun Rein in NPR’s Marketplace.Read More →

This month China will have six million university graduates more. The world looks at the figure in awe, but the graduates themselves have problem: will they find a job? Professor Wang Jianmao of CEIBS thinks they might, if economic restructuring works out, he tells in The National. Read More →

“Mercifully, The End Of Cheap China is not another academic tome about the most miraculous economic transformation of our times,” writes Andy Mukherjee in a review in the Strait Times about Shaun Rein’s The End of Cheap China: Economic and Cultural Trends that Will Disrupt the World.Read More →

Cheap labor has made the country into a source of deflation for global consumers, but as Chinese wages go up, consumers in Wall-Mart and elsewhere better prepare for higher prices, tells the author of The End of Cheap China Shaun Rein an in interview with the BBC radio.Read More →

Cheap factory labor is phasing out in China, but the country has new assets to offer in terms of labor, says Zhang Juwei, deputy director at the Chinese Academy of Social Science (CASS) in the China Daily. Now, high-qualify labor for a lower price might offer just that opportunity.Read More →