Companies have home thoughts from abroad
By Joseph Boris, Ariel Tung and Qiu Quanlin | China Daily | Updated: 2012-07-11 07:58

US firms returning, Joseph Boris, Ariel Tung and Qiu Quanlin report.
Companies, including General Electric, have defended their efforts in reshoring - moving work back to a company's country of origin - by citing a variety of factors.
These include lower energy costs in the US, largely due to discoveries of natural gas, that are helping to drive down operating and transportation expenses and labor-cost advantages caused by the narrowing wage gap between Chinese and US workers.
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