Lehman Brothers-China’s Great Transition

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2008-8-31 23:44:00 上传

Lehman Brothers-China’s Great Transition
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Dear Client,
We are proud to launch this special report, which outlines a roadmap for China’s transition from a low-end
manufacturing center to a higher value-added economic force. We see a China which has much overcapacity in
low-end textiles, toys, garments and other manufactured goods. But, more importantly, we see a China that is
engaging in currency appreciation in order to tame inflation brought on by shortages in many parts of the
economy. The price exacted by China’s success in currency management is that many low-end manufacturing
companies will be forced to leave places such as Guangdong or Eastern China and seek cheaper locales.
Eastern China is being challenged as never before to move up the value-added curve and produce high-quality,
higher-value goods.

[此贴子已经被作者于2008-9-1 7:19:39编辑过]

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关键词：Transition Brothers brother Others lehman Great Transition lehman