Author: Frank Mulligan
Useful little interactive reference map from Caijin magazine on minimum wages in China …
With an average increase of 15% to 20% around the country, and all relatively suddenly, this will pose a real challenge to the low-value, labor-intensive industries in China. Wages in high capital investment industries can be as low as 5% of the total cost to manufacture, and for these companies the effect will be much less.
But the slow drift upwards will eventually hit everyone.





