Sourcing from China has become a lot more expensive, and seems to have caught some U.S. importers off guard. For some U.S. companies, the changes are squeezing margins, forcing price hikes, and leading many to scramble to find new ways to cut costs or locate new sourcing regions. Are we witnessing the end of China as the world's dominant manufacturer? How should suppliers (as well as retailers pursuing private label programs) address the rising costs coming from China?

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