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China’s economy has evolved too far to be carried by cheap manufacturing.
China Must Grow Its Shrinking Workforce to Keep Up: Daniel Moss
published May 21, 2018, 4:00:12 PM, by Daniel Moss (Bloomberg Opinion) — Forget that image of sweatshops making all kinds of cheap stuff with plentiful labor. Now China’s workforce is shrinking and its population graying rapidly. Maybe many in the West haven’t noticed, but Beijing has: Bloomberg News reported Monday