Supply Chain Management

Falling manufacturing costs sparking new interest in China?

By CNBC

Sep 23, 2015

The recent devaluation of the yuan is expected to drive manufacturing costs lower in China, where softer demand this summer has led to "marked" falls in both costs and charges by factories, according to Markit, a provider of financial information services. Also pushing down manufacturing costs is the fact that China is shifting more of its production to robots, counterbalancing the effects of rising wages. 

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