29 May 2014
As India and China transform, Australian manufacturers must follows
As Australia laments the decline of its manufacturing sector, China is actively taking steps to accelerate its move up the value chain.
Historically a low-cost operating environment, China was once an attractive option for multinational companies seeking to minimise production costs. However with a burgeoning middle class aspiring for a better place in the global ecosystem, the cost advantages are rapidly eroding.
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