Ardevora's Lang: We're increasingly struck by signs of dwindling cost competitiveness in China

Chinese labour no longer as cheap as elsewhere

clock • 2 min read
Lang: "We are increasingly struck by signs of dwindling cost competitiveness in China"
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Lang: "We are increasingly struck by signs of dwindling cost competitiveness in China"

We scan global stocks for genuine oddity, starting with management behaviour. We take a closer look at a company's accounts, paying particular attention to the balance sheet and indicators of effectiveness of capital allocation.

We get an understanding of sales and cashflow, and we read what management says about the business and current conditions. We look for evidence of either an unusually benign environment for growth...

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