By Frank MulliganThe push to get out of high-cost offices, factories and warehouses in city center locations, continues at a pace in China. A combination of rising real-estate prices for Grade A buildings, 18% average salary increases year-on-year, and a push for a cost-down corporate strategy, ensures that there are few other choices. The China Plus 1 strategy takes you only so far because the strategy always includes at least one location in China.The cost of renting a new office or factory in a suburban location in any city in China is generally lower, but the cost of staff attrition has to be factored in to any move. Staff losses can be very high, but when you consider that the move may be inevitable, the cost of these losses has to be accepted as part of the normal cost of doing business. (more…)