Much more analysis and information than a 30 second news clip: http://worldblog.msnbc.msn.com/archive/2008/08/19/1272286.aspx China's bank is pouring a bit of money into infrastructure there: http://www.tradingmarkets.com/.site/news/Stock%20News/1835799/ In the immediate future, there's typhoon about to hit: http://news.xinhuanet.com/english/2008-08/21/content_9562291.htm Toy firms in particular are hit by lower exports than previously: http://www.chinadaily.com.cn/bizchina/2008-08/18/content_6947680.htm You can find similar recent news with Google News: http://news.google.com/news?q=Guangdong I can't add anything to the first article - it simply shows that when a country moves towards high-tech industries, the labor rate goes higher, and local business that depends on cheap labor must move, adapt, or suffer. -Adam On 8/20/08, Funny NYPD wrote: > I saw it on the news last night in channel 10 (my intention was for the Olympics games though). It's said two-third of factories in Guangdong China will be close soon for labor cost? I actually though the labor cost in China is low. So I am confused and wondering what's happening over there? > (China seems have more gold medal than USA as of now. We beat them in overall medals though.) > > Funny N. > Au Group Electronics, New Bedford, MA, http://www.AuElectronics.com > > > > > -- > http://www.piclist.com PIC/SX FAQ & list archive > View/change your membership options at > http://mailman.mit.edu/mailman/listinfo/piclist > -- EARTH DAY 2008 Tuesday April 22 Save Money * Save Oil * Save Lives * Save the Planet http://www.driveslowly.org -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist