Growing technological expertise - 360,000 new engineers a year join China's workforce Low wages for both skilled and unskilled labor - Fortune Magazine (Dec. 6/04) cites 39 cents hourly for industry laborers, $2,000 a month for design engineers, and $20 each month for general laborers China is experiencing in excess of 10% growth per annum At the same time, thousands and thousands of effort is disappearing in North America Fortune 1000 companies are now being bought up or heavily purchased by Chinese companies Natural resource and pricing is skyrocketing, partly due to increased global demand web site