Why the “Chinese miracle” is coming to an end [video]

When you consider the migration of the Chinese people from rural areas to urban is the largest human movement of its kind to ever happen, it shouldn’t be surprising the country has experienced the economic boom it has. Some argue that boom, though, is coming to an end. With demand dropping, worker expectations rising, and companies feeling the squeeze, many migrants are choosing to go home or not leave home at all, while companies are packing up and moving to Southeast Asian countries for — you guessed it — cheaper labor.

Checking for new Viral Videos, why don't you get all in your Email: