I'm in the midst of trying to graduate with my MBA (tomorrow at noon, formally!), and have been absent. I know all of you missed me terribly, right? (Or at least my mom.) Anyway, just wanted to post an interesting bit of research from Boston Consulting Group dissecting how the rapidly inflating labor prices in China and the increase in the Yuan's value will ultimately result in a total landed cost favorable to onshoring labor within the next few years. Interesting, and also related to a post I made long ago about how the US was already becoming gradually rediscovered by services and manufacturing firms that had previously (often hastily) fled toward lower labor costs.
I don't necessarily think the US will become the primary most-attractive country overnight (if at all--I suspect, rather, that some other country will replace China as a low-cost workhorse), but it's an interesting thought.
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