patrick.net

http://www.msn.com/en-us/money/markets/meet-the-chinese-billionaire-whos-moving-manufacturing-to-the-us-to-cut-costs/ar-BBxr39m?li=BBmkt5R&ocid=spartandhp

And now, the head of a leading Chinese glass maker making the same move has openly questioned if his country really is such a lucrative destination for offshore factories, reports Hong Kong newspaper the South China Morning Post.

Overall speaking, the tax burden for manufacturers in China is 35% higher than in the U.S., Cao Dewang told China Business Networkin an interview. He added that a combination of cheap land, reasonable energy prices and other incentives means that, despite higher manufacturing costs, he can still make more money by making glass in the U.S. than by exporting Chinese-made panes to the U.S. market.