With wages increasing and strikes engulfing the country, the massive cheap labor force that has helped fuel China’s economic boom by underselling its competitors may be coming to  an end, reports suggest. The game right now is to move factories deeper into the interior of the country or to other developing countries where labor is cheaper. The alternative is an uphill battle to maintain profitability, but so far the government’s “interior China” plan has not been given enough incentive.  Labor costs in China have…

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via OilPrice.com Daily News Update http://oilprice.com/Latest-Energy-News/World-News/Energy-Hungry-China-Sees-Rise-in-Labor-Costs.html