Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Wednesday, March 10, 2010

China Running out of Cheap Workers

China's cheap labour dries up


China's exports jumped more than 45 per cent in February from a year earlier, according to official figures, in a sign of recovering global demand.

But many factories in China's southern manufacturing heartland are facing an unusual problem a worsening labour shortage.

Many migrant workers are not returning after the lunar new year holiday, while those who have returned are being very choosy.

The shortfall has some suggesting that the age of cheap and willing labour may be coming to an end.

Al Jazeera's Rob McBride reports from the city of Dongguan.

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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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