Detailed text transcripts for TV channel - MSNBC - 20110228:21:51:00
Differential labor rates is an issue. i'm looking at something as well particularly in my practice. that's access to raw materials. the chinese have an enormous appetite for raw materials, the precursor elements we depend on, that the world depends on for manufacturer. the united states, for instance, is interested in trying to create a green tech manufacturing base. but i'm looking at a situation where the chinese have a very strong position in many of the precursor materials and that's creating a reason for, in addition to labor rates, that's creating a reason for companies to locate to manu...
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