Bye-bye cheap, Chinese labor (and we love it)

November 11, 2011

Gobalpost featured an interesting article yesterday about a minimum wage rise in the province of Guangdong and the tectonic shift in the landscape of cheap labor:

“Factories in China’s manufacturing heartland are feeling the squeeze again, with minimum wages in Guangdong province set to rise by as much as 20 percent on Jan. 1 for the second time in less than a year. And while one Chinese province’s minimum wage might seem like a local issue, the salary question underlines a continuing momentum in China toward building higher-end business and better jobs.”

Read the article

(Photo: dcmaster)

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