By Matthew Benjamin and Nerys Avery Bloomberg News
BEIJING Rising production costs in China might soon turn the smiley- faced Wal-Mart logo on that rack of $7 cardigan sweaters into a frown.
Higher wages and new environmental regulations, along with higher raw- materials prices, are pushing up the costs of manufacturing in China. That will lead to higher prices for the clothing, toys, electronics and other products the nation exports, said economists, manufacturers and others involved in the China trade.