Overseas Sourcing — China: A Limited Threat
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Erik Cagle
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Between 2002 and 2005, he noted the Chinese printing industry grew at an annual rate of 20 percent, double that of its economy. Chinese press operators make about $1,000 a year, whereas their Canadian counterparts earn $60,000 (all expressed in Canadian dollars). And, of course, paper is not only less expensive in China, but is subsidized 12 percent to 15 percent by its government.
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Erik Cagle
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