Back in May I was asked to be a speaker at a Madison International Trade Association (MITA) event on rising prices for goods from China. The event was last week and I will be sharing information from it here in our OPSA blog.
I am a MITA member, even though I'm 2.5 hours away in Green Bay, and it is an outstanding group. I met some very interesting people that day and hope to follow-up with several of them.
The first section of my presentation was on whether producer prices in China are rising faster than producer prices in the US, and obviously they are as the chart below indicates.
The chart compares the Producer Price Index in the US (excluding energy and food) to the manufactured goods PPI in China.
Next I summarized the reasons for this situation. I've discussed most or all of the factors in previous posts, but I'll use slides from the presentation to give additional details on them in future posts throughout July. I will also continue on the Top Ten Pitfalls to Avoid in Chinese Outsourcing series.
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