LEADER 04746cam 2200541 i 4500001 ssj0001263690 003 WaSeSS 005 20220812080414.0 006 m d 007 cr n 008 140424s2014 nju s 001 0 eng d 010 2014012665 020 9781118926802 (paperback) 035 (WaSeSS)ssj0001263690 040 DLC |beng |cDLC |dDLC |dWaSeSS 042 pcc 043 a-cc--- 049 EREENEHH 050 00 HC427.95 |b.R447 2014 082 00 330.951 |223 084 BUS000000 |2bisacsh 100 1 Rein, Shaun, |d1977- |=^A1126795 245 14 The end of cheap China |h[electronic resource] : |beconomic and cultural trends that will disrupt the world / |cShaun Rein. 250 Revised and updated 260 Hoboken, New Jersey : |bWiley, |c[2014] 300 xvi, 224 pages ; |c23 cm 500 Includes index. 506 Available only to authorized users. 520 "An expose; on how the rise of China will affect the American way of lifeThe End of Cheap China is a fun, riveting, must-read book not only for people doing business in China but for anyone interested in understanding the forces that are changing the world.Many Americans know China for manufacturing cheap products, thanks largely to the country's vast supply of low-cost workers. But China is changing, and the glut of cheap labor that has made everyday low prices possible is drying up as the Chinese people seek not to make iPhones, but to buy them. Shaun Rein, Founder of the China Market Research Group, puts China's continuing transformation from producer to large-scale consumer - a process that is farther along than most economists think - under the microscope, examining eight megatrends that are catalyzing change in China and posing threats to Americans' consumption-driven way of life.Rein takes an engaging and informative approach to examining the extraordinary changes taking place across all levels of Chinese society, talking to everyone from Chinese billionaires and senior government officials to poor migrant workers and even prostitutes. He draws on personal stories and experiences from living in China since the 1990s as well as hard economic data. Each chapter focuses on a different aspect of China's transformation, from fast-improving Chinese companies to confident, optimistic Chinese women to the role of China's government, and at the end breaks down key lessons for readers to take away.The End of Cheap China shows: How rising labor and real estate costs are forcing manufacturers of cheap Chinese products to close, relocate, or move up the value stream How a restructuring economy moving away from exports to domestic consumption, and rising incomes will create opportunities for foreign brands to sell products in China rather than just producing there How Chinese consumption will build pressure on the global commodities markets, causing both inflation and friction with other nations How China's economic transformation spells the end of cheap consumption for Americans China's days as a low cost production center are numbered. The End of Cheap China exposes the end of America's consumerist way of life and gives clear advice on how companies can succeed in the new world order"-- |cProvided by publisher. 520 "The book exposes 8 mega-trends that are catalyzing change in China, explains how those trends impact the rest of the world, and gives expedient tips as to how businesses can turn profit in the changing global marketplace"-- |cProvided by publisher. 538 Mode of access: World Wide Web 650 0 Labor |zChina. |=^A1001853 650 0 Costs, Industrial |zChina. |=^A64069 650 0 Consumption (Economics) |zChina. |=^A472416 650 7 BUSINESS & ECONOMICS / General. |2bisacsh 651 0 China |xEconomic conditions |y21st century. |=^A41656 651 0 China |xSocial conditions |y21st century. |=^A33345 651 0 China |xCommerce. |=^A101218 655 0 Electronic books. |=^A491897 856 40 |zFull text available from Ebook Central - Academic Complete |uhttps://ebookcentral.proquest.com/lib/eastcarolina/detail.action?docID=1926648 949 CLICK ON WEB ADDRESS |wASIS |hJOYNER188 949 CLICK ON WEB ADDRESS |wASIS |hHSL77 949 CLICK ON WEB ADDRESS |wASIS |hJMUSIC60 596 1 3 4 998 5594354