BUSINESS／「中国、低価格輸出に限界」　ハイアールＣＥＯ

■Haier CEO says China is no longer world's factory, eyes production move overseas：

QINGDAO, China--The CEO of the world’s largest appliance maker, China-based Haier group, said rising wages mean the country can no longer rely on the production of cheap goods to spur economic growth.

Zhang Ruimin, who is also the founder of Haier Group, said in an interview with the Japanese media on July 28 that “China’s (economic growth) model, which depends on the export of lower-priced products, is coming to an end.”