| On the Ground|

China – More than 300 clients talk wages in the PRD

14 March 2013 09:00 GMT Chidambarathanu Narayanan , Kelvin Lau , Stephen Green

  • • In our biggest PRD wage survey yet, manufacturers say wages will rise 9.2% in 2013, from 7.6% prior • Productivity growth is keeping pace with higher wages; most clients are eyeing more capital investment • Relocating from the PRD is still the choice of a minority, but is gaining traction • Orders situation confirms China’s recovery is underway; CNY appreciation expectations are clearly back
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