2014-03-28
Despite Wage Increases, China's Labor Shortages Persists
The author is Kelvin Lau, senior economist of Greater China at Standard Chartered Bank China's economic growth may be slowing, but its manufacturing wages continue to rise. Migrant workers’ wages are likely to increase 9.2% in 2014, up from 8.4% last year, according to the fifth annual survey of our manufacturing clients in southern China’s […]
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