UM: China
Mary Gallagher, director of UM’s Center for Chinese Studies, is quoted in a New York Times article about rising labor costs in China: “China isn’t going to lose its manufacturing base because it’s got a huge domestic market. But it will move them toward higher-end goods. And that matches the Chinese government’s ambition. They don’t just want to be the workshop of the world. They want to produce high-tech goods.” [Source]