THE FLANARANT: Is a Chinese productivity revolution next?
It's no secret that wages are rising in China; indeed, a hike of at least 80% by 2015 is official government policy. But so too is increased productivity, with plans to double apparel output over the next five years. So while buyers need to think about their sourcing portfolio as China gets pricier, the country also has plenty of room to maintain its manufacturing strengths, says Mike Flanagan.