Increasing labor costs in China's manufacturing regions are causing many U.S. companies keep investments closer to home. Experts say that as many as 3.2 million new jobs could be created in the U.S. by 2020.
With wages rising 20% annually in China, investing in the country is no longer as much of an economic advantage for U.S. companies. Investment in China won't completely diminish, but instead might shift to supplying products directly to Chinese consumers as opposed to exporting products.
Click here to read the full article.
