Invisible China: How the Urban-Rural Divide Threatens Chinas Rise Rozelle Scott
Invisible China: How the Urban-Rural Divide Threatens Chinas Rise Rozelle Scott As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark…
Specifikacia Invisible China: How the Urban-Rural Divide Threatens Chinas Rise Rozelle Scott
Invisible China: How the Urban-Rural Divide Threatens Chinas Rise Rozelle Scott
As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. Most of the workers who have fueled the country's rise come from rural villages and have never been to high school. But as Scott Rozelle and Natalie Hell show in Invisible China, the truth is much more complicated and might be a serious cause for concern.China's growth has relied heavily on unskilled labor.
Ten years ago, almost every product for sale in an American Walmart was made in China. While this national growth strategy has been effective for three decades, the unskilled wage rate is finally rising, inducing companies inside China to automate at an unprecedented rate and triggering an exodus of companies seeking cheaper labor in other countries. Today, that is no longer the