Skutis Negotiating Production in China Stephen Grainger 2018
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In the past decade, China’s industrial revolution has been on an explosive growth trajectory with a dramatic transformation of its manufacturing sector from raw material exporter to production hub, where Chinese-made products now account for more than a quarter of global consumption. This transformation in manufacturing capabilities has led to enormous growth in its productive capacity and has made China a global marketplace. China’s economy is currently the largest by GDP on this planet. Its per capita income is approximately $10,000 (USD), whereas the USA ranks as