Ｃｏｓｔ Ｐｒｅｓｓｕｒｅｓ ｉｎ ｔｈｅ Ｐｅａｒｌ Ｒｉｖｅｒ Ｄｅｌｔａ

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IF China has become the world's manufacturing center over the past 30 years, then the Pearl RiverDelta (PRD) in Guangdong Province is undoubtedly the nation's "factory." But despite decadesof rapid development and dizzying economic growth, the area's labor-intensive industries are nowfacing growing cost pressures. How have the enterprises of the PRD reacted?