China’s labor advantage said fading: Lion
Nov 17, 2011 | 11:47 AM
The benefits of cheap labour associated with the Chinese aluminium scrap market are swiftly disappearing, Sims Metal Management Asias chairman Michael Lion said at Metal Bulletin's 19th International Recycled Aluminium conference in Istanbul.
Chinas labour advantage is a diminishing factor, and its diminishing very fast, Lion said. It will not be significant going forward. ....
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