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International Management INDIVIDUAL ASSIGNEMENT N°1 Thierry Davila Submitted in Partial Fulfilment of the Requirements for the Degrees of International Master of Business Administration Date: March 27th, 2005 Course Tutor: Clemens Bechter DECLARATION OF ORIGINALITY OF WORK: I affirm that the attached work is entirely my own except where the words or ideas of other writers are specifically acknowledged through the use of inverted commas and in-text references. This assignment has not been submitted for any other subject at Euro*MBA or any other institution. I have revised, edited, and proofread this paper. [X] Put 'X' in this check box in the absence of an electronic signature. 1 Do you agree that China is or will be the lowest-cost manufacturing center in the global economy? Abandoning its isolationism, China has engaged in the global marketplace, competing with the biggest economic powers. In this battle, workers low wages is giving a strong advantage in terms of cost manufacture to china but other countries...

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