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Bangladesh benefit from China wage hike

Hafizzz

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Bangladesh, With Low Pay, Moves In on China
http://www.nytimes.com/2010/07/17/business/global/17textile.html?_r=1&src=busln

Bangladesh — The eight-lane highway leading from the Bangladeshi capital, Dhaka, narrows repeatedly as it approaches this town about 30 miles north, eventually depositing cars onto a muddy, potholed lane bordered by mangroves and small shops.

But this is no mere rural backwater. It is the sort of place to which foreign manufacturers may increasingly turn, if the rising wage demands of factory workers in China prompt companies to seek new pools of cheap labor elsewhere.

Chinese jobs going to Bangladesh is better than going to Vietnam or India because Bangladesh is China's ally.
 

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