"Wages have been driven up over time because of all the things taking place in China, and now what we're seeing is the cost to manufacture in the US for many goods are about the same as the cost to manufacture in China."

BCG's Hal Sirkin spoke to CNN about domestic versus foreign manufacturing.

CNN interviewed BCG's Hal Sirkin on the benefits of using domestic suppliers and why some goods cost the same to manufacture in China and the US. "Wages have been driven up over time because of all the things taking place in China, and now what we're seeing is the cost to manufacture in the US for many goods are about the same as the cost to manufacture in China," Hal explained.

CNN