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Thursday, May 08, 2008

"Some China firms outsourcing to USA to cut costs - Boing Boing"

Ironic, yet hopeful. Kinda cool too. I wonder if the Chinese are gonna start complaining about Americans taking all their "good jobs."

Some China firms outsourcing to USA to cut costs - Boing Boing:
"Liu Keli couldn't tell you much about South Carolina...

But Liu is investing $10 million in the Palmetto State, building a printing-plate factory that will open this fall and hire 120 workers. His main aim is to tap the large American market, but when his finance staff penciled out the costs, he was stunned to learn how they compared with those in China.

Liu spent about $500,000 for seven acres in Spartanburg -- less than one-fourth what it would cost to buy the same amount of land in Dongguan, a city in southeast China where he runs three plants. U.S. electricity rates are about 75% lower, and in South Carolina, Liu doesn't have to put up with frequent blackouts."

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