A Chinese worker going about her chores at a factory manufacturing textiles for export in Haikou, on the southern Chinese island of Hainan, on March 30, 2004. Current data and anecdotes indicate that foreign manufacturers are seeking cheaper places of production than China. AFP/Getty Images
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.