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Research Note Details:
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Future of China¡¦s Manufacturing: The Woes & Triumphs  
Product Ref: 12/509RN Company: Apple
Foxconn International Holdings

Product Type: Research Note Industry: Automobiles & Components
Consumer Electronics
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Driving China's rapid economic growth were the country's exports, valued at US$1,897 billion in 2011, a solid 26% of the country's gross domestic product ("GDP"). Between 2001 and 2011, China's GDP had recorded a compound annual growth rate ("CAGR") of 18.6%, reaching US$7,296 billion in 2011. The country's growth in exports was underpinned by the availability of a mass labour pool and low labour costs. However, in the wake of rising wages and inflation, high-profile labour incidents and disputes, many believed that this model of low-cost manufacturing would not last in China. This research note sketches the current state of affairs in China's manufacturing industry, using contract manufacturing as a focus to examine the changing dynamics in China's labour market, and elucidate the critical social, economic and political forces shaping the future of China's manufacturing industry.
Functional Area : Economics & Business Policy
Finance & Investments

Learning Objective: (1) Understand the global manufacturing value chain; (2) Get up-to-date on the dynamics of China¡¦s manufacturing industry; (3) Get an overview of China¡¦s labour market and its recent developments
Length: Text: 15 pages
Exhibits: 11 pages
Country: N/A

Pub. Year: 2012 Level of Difficulty: 1
This product type is available in the following language(s):      English
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