Obviously, we all agree that any shift in the dominant production location from China to the US would be a gradual change spanning decades. After all, everything from toy cars to laptop computers is stamped with the phrase "Made in China".
If the US has any chance of regaining outsourced jobs and becoming the production mecca of the world, it needs to get a move on. With rising fuel prices (which in this case, are beneficial, believe it or not), and the falling cost of the dollar, the US definitely has the oppurtunity to take back what it has lost to China with respect to mass-produced goods, as well as bring more European business in. The question now is whether or not it posesses the incentive and resources necessary to rise to the occasion.
The article states that the significant rise in China's productivity levels, both current and future, is due in large part to the fact that Chinese manufacturers are investing into more efficient facilities. As was stated before, while the US's productivity did increase, our average was completely blown out of the water by that of China.
So if the US is planning on bringing jobs back from China, or is hoping to develop new technologies on a large scale, it's got some major brainstorming and hard work ahead.
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