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Competition for Labour Spells End for Ultra Cheap Goods

Jon Emont, Reporter, Wall Street Journal

15-Aug-23 09:30

Competition for Labour Spells End for Ultra Cheap Goods

China and Southeast Asia have become the default manufacturing hub for the world, given its booming population and inexpensive labour costs. But the changing demographics of the region are having an impact on the supply of workers available to produce goods for global consumption. We explore labour trends in the Asian manufacturing sector with Jon Emont of the Wall Street Journal. 

Image Credit: Dong Nhat Huy / Shutterstock.com

Produced by: Shazana Mokhtar

Presented by: Shazana Mokhtar


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Categories:  markets,  government

Tags:  chinese labour,  southeast asian labour,  cheap labour,  manufacturing sector, 


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