Foxconn Plant in Peanut Field Shows Labor Eroding China Edge
27 March 2013,(Bloomberg)
http://www.bloomberg.com/news/2013-03-26/foxconn-plant-in-peanut-field-shows-labor-eroding-china-s-edge.html

Excerpt:

“The days of China as the anchor of global disinflation have ended,” said Tao.

“When global demand picks up, global inflation may arrive sooner rather than later.

China’s advantage in low-cost manufacturing will end much sooner than expected.

This will affect everything, from the Italian housewife to Federal Reserve monetary policy.”

China’s pool of 15- to 39-year-olds, which supplies the bulk of workers for industry, construction and services, fell to 525 million last year, from 557 million five years earlier.

A labor-market squeeze across the country after China’s pool of young workers shrank by almost 33 million in five years at the same time as industry added 30 million jobs.