Tuesday, August 5, 2008
The China Price comes to India
Daily News & Analysis, an Indian English-language newspaper, has run a big piece about The China Price on the front page of their Money section. The piece on the front page starts off with shadow factories, which is great, since few reporters seem to have picked up on this important aspect of the China price. And inside, the paper has devoted its "The Big Picture" section to an interview with me. Read all about it here and here. What's great about an Indian newspaper's interest in these issues is that India is next in line to absorb some of the export processing business. While India is very different from China, in governance, economic structure and culture, the high cost of competitive advantage in today's global supply chains is certainly an issue I would be thinking about if I were an Indian businessman.