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 ]
News tagged with: #minimum wage #double digits

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Digital Soars, Print Improves For Meredith in Second Quarter

Total revenue jumped 9 percent to $367 million for Meredith Corp in the second quarter of fiscal 2011, driven by strong advertising growth and integrated marketing services. Total advertising revenue for the first six months of fiscal 2011 jumped 11 percent to $420 million (with total revenue of... Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-25 00:00:00 UTC ]
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Librarians Brace For a Tough 2011

Attendance dipped to its lowest level in a decade and traffic on the show floor was noticeably slow, but last week's 2011 American Library Association Midwinter Meeting in San Diego, Calif., was anything but quiet. Continue reading at Publishers Weekly