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Tuesday, February 23, 2010

China's Wage Increase

Minimum wages have been announced before the Chinese New Year ranging from 10 percent in Beijing to 15 percent in export-oriented Shanghai and Jiangsu.

and

There does now appear to be a shortage of labor in several areas. Reports in Hong Kong say factory owners in the Pearl River delta, the major export hub, are having difficulty luring workers back to the region.

Interesting.

China's Wage Increase - Asian Sentinel.

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