Great leap forward
During the last two decades of the 20th century, after the formal U.S. opening to China in 1978, the biggest economic challenge to the West from the PRC came in the form of low-cost labor. Thousands of U.S. jobs in manufacturing and textiles migrated to the world’s most-populous nation, which was raising its standard of living with millions of low-wage jobs.
Read more: https://businessfacilities.com/2017/10/china-great-leap-forward/
