. >> reporter: it's been a crazy ride for frank yager.ne-time german cop, he tried many other businesses, including a nudist beach. >> but you didn't want to stay in the nudist industry. >> no, no, no. it makes money only when there's sunshine. germany's sunshine is not that often. >> reporter: if your nudist colony goes bust, you come to china, stumbling into manufacturing, frank yager has had a lot of good years. he employees about 300 workers here to make electric cable he supplies to europe and the united states. but rising prices, wage increases, new taxes and a shrinking export market, he says, are beginning to -- >> we have many, many factories which already are moving away from china into other countries such as indonesia, india, vietnam, in order to many factories and products there. >> reporter: yager says china is in transformation, more expensive to do business, a more educated work force. he says the opportunities are now in the country's smaller cities and it may even be able to learn something from germany. >> i mean, think