|
Small firms find China not so cheap
Jul 12, 2008
From trampolines to teddy bears, small German companies are finding that outsourcing some production to China may be a false economy.
Despite its cheap workforce, some firms are returning to Germany over concerns about the quality of Chinese-produced goods, and high staff turnover. But the German Chambers of Industry and Commerce say this isn't a new trend, and many firms are still looking to place themselves in China.
--Reuters
Duration: 2 min 25 sec
|