Everybody knows that prices are on the rise for made-in-China goods due to higher input costs such as labor and rent, not to mention the appreciation of their currency.
But the interesting point, as this article states, is that exports are up, despite the increased costs.
Granted, as the article explains, profits may be getting tighter, but the bottom line is that production is not moving out of China.
See the full article about prices in pdf form.
This is further evidence that China will remain the premier sourcing destination for years to come as there simply are not many alternative locations available to buyers.
Wishing you successful China Sourcing!
China Operations Director, PassageMaker Sourcing Solutions (3rd party assembly & inspection to protect intellectual property and ensure quality.)
Chairman of the Advisory Board, China Sourcing Information Center
LinkedIn Profile: http://www.linkedin.com/pub/michael-bellamy-author-business-owner-volunteer-advisor/8/52a/389