07-01-2004, 09:31 PM
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#63 (permalink)
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| | Re: Rumors?
On Thu, 01 Jul 2004 06:51:37 GMT, "Mike Jacoubowsky/Chain Reaction
Bicycles" <MikeJ@ChainReaction.com> wrote:
>> Thanks for the insight. I agree that if you want a new bike NOW, get
>> it, don't wait! However, if the Chinese are increasing their costs,
>> how soon will it be before these same mfrs will move their production
>> facilities over to other "lower-cost" countries like maybe the
>> Philippines or Vietnam or even Cambodia....
>
>It's inevitable that production will continue to shift towards emerging
>3rd-world countries as a means to save money. However, the Philippines
>might not be as likely as many others, since they've become relatively
>stagnant in their "emergence." One would have thought that the Philippines
>would have evolved into a major manufacturing center long ago, given their
>relative proximity to countries that have long felt the effects of improving
>(and expensive) living standards. Probably just shows my ignorance of the
>Asian economic situation.
<snip>
Is because that the Philippines looks to the US as an example. Due to
the political affiliation with the US, its very much like a poor US
state in some regards, not like the rest of Asia.
Michael J. Klein mklein@mousepotato.com
Dasi Jen, Taoyuan Hsien, Taiwan, ROC
Please replace mousepotato with asiancastings
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