That’s the reason why, companies, which are the most popular in the topic of industry discovered that there are other places than Europe that are much more competitive in terms of for instance labor expenses. This explains why for example China
– a country with a population twice bigger than whole European Union, is so common direction in terms of flow of the worldwide capital.
This indicates that in the future we are likely to expect that thanks to demographical reasons, more physical-oriented work would be rather done, firstly, in China. Nevertheless, this doesn’t imply that Europe
is in front of great crisis. This rather means that in terms of industry on our continent there would be far greater demand for employees with more professional knowledge, who would be responsible for the improvement of the technology.