No More Cheap Chinese Labor

I found an article online that caught my attention titled "A Tightening Grip," by Jiaxing and Yangon. The article starts with some obvious facts that China is one of the largest manufactures of the world and they have the best machinery and tools that only China has to develop products. They can make steering wheels and major car parts. The article also states that cheap Chinese Labor has helped the development of China to the power that it is today. Then, we go into some historical facts about Asia and its development of becoming the manufactural power it is today. It began in the 1960 the leader of this movement was Japan it began to export electrical goods. By the 80's Japan began to open up plant in South East Asia, but when China got involved in the game China became the top manufacturer in the world real quick. China today accounts for 46.5% of everything that is exported from Asia. The issue is that since 2001 the wages for Chinese workers have rise 12% and this is supposedly bad for Chinese people. This means according to the article that Chinese days of manufacturing are limited.