Robust rise in Chinese wages through 2015
By Zheng Lifei | China Daily | Updated: 2011-01-05 08:07
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The booth of China Merchants Bank at a financial expo in Shenzhen, Guangdong province. China Merchants Bank Co, Dongfeng Motor Group Co and Tencent Holdings Ltd are some of the companies that may benefit most from the increases in consumption, Credit Suisse said. Yu Ge / For China Daily |
BEIJING - China will likely see "strong" increases in salaries in the five years through 2015 as the nation's supply of labor dwindles and consumers begin to spend more and save less, Credit Suisse Group AG said in a report.
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