Printing in Hong Kong 2012: The Tough Get Going

This February saw 21 provinces in China hiking their minimum wage, many by double digits. Inland provinces like Henan, Anhui, Sichuan, and Guangxi saw the largest hikes, ranging from 22% to 35%. Manufacturing hub Shenzhen, which had the biggest one-time wage hike of the past 19 years in March 2011 (20%), now has its minimum wage further increased by 14%, to 1,500 yuan (or $240) per month. (So say good-bye to the good old days of cheap Chinese labor.) Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2012-08-03 00:00:00 UTC ]
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[ Publishers Weekly | 2020-03-27 04:00:00 UTC ]
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Missing your print edition of Ad Age? Switch to home delivery now

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