Global Labor Rates: China is no longer a low-cost country

With worldwide shortages and supply chain disruptions, companies have changed how they source and manufacture parts and finished products. The Reshoring Institute studied and compared global labor rates around the world—and what follows are the high-level results of a study comparing labor rates in 13 different countries.

source https://www.supplychain247.com/article/global_labor_rates_china_is_no_longer_a_low_cost_country