business U.S. firms

business U.S. firms
One of the major reasons many U.S. firms have chosen to offshore and outsource some of their operations to China has been the low cost of labor in that nation. Search the Internet to find the most recent figures about how Chinese wages compare to wages in the U.S. Also find out what has been happening to wages in China in recent years. Finally, search for information about other advantages and drawbacks associated with offshoring to China. Based on your research, do you think offshoring will continue to be an attractive strategy for U.S. firms in coming years? Explain.

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