New York Times: China'S Low Price Labor Market Position Has Been Handed Down To Meng.
The eight lane highway is winding away from the capital of Bangladesh, Dhaka. As the road continues to narrow, mangroves and small shops on the muddy ground cater for people.
This is by no means a sign of urbanization.
If China's
Workers' remuneration
This will continue to be a new attraction for foreign factory owners, who will always need a steady stream of cheap labor.
Behind the iron gates and concrete walls of large factories, thousands of Bangladeshi workers are working, and most of them are women workers.
They are sewing short sleeved shirts, shorts or sweaters all day and night. These products will supply western famous retailers and brands such as WAL-MART and Haines Morris.
"Our family needs this money, so we came here."
Ma Su Al-aqsa, a 21 year old woman worker, said she was busy running the sewing machine.
In China, once the world's labour market, the cost of employing workers is no longer as cheap as before.
China's low price labor market position is slowly being handed over to Bangladesh, Vietnam and Kampuchea - at least for textiles.
Toys
This is true for small appliances and other products that are cheap and require a lot of labor and traffic conditions in the cities where the factory is located.
The phenomenon of labor force employment in poor countries such as Bangladesh has not lasted for one or two days, and even has some symptoms before China's wage instability and Beijing's exchange rate policy adjustments.
But at the same time, workers in menciera are demanding higher pay. They even clashed with local police: even so, their wages are much lower than those of Chinese workers.
Bangladesh
To replace China's labor market position, it still faces many challenges.
There are a large number of migrant workers in China, and many of them are well educated, accustomed to the wide roads, railways and power supply of their hometown, which are the insurmountable barriers for workers in Bangladesh.
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