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Wednesday, April 7, 2010 at 12:41 AM
12:41AM

China's wage issues will ultimately make the imbalance correction happen

DateWednesday, April 7, 2010 at 12:41AM

WORLD NEWS: "Asian economies: 'World's factory floor' to raise wages; Guangdon worried about unfilled jobs; Rush to complete surge in orders," by Enid Tsui, Fianancial Times, 19 March 2010.

Remember, China's "golden year" on labor demographics is 2010, meaning more dependents relative to laborers from here on out.

Latest announcement is a 20% raise in wages in order to attract the necessary labor.

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