(MENAFN) Wages of China are expected to boost by over 10 percent this year, causing consumption growth, according to Iran Daily
Lu Ting, a Hong Kong-based economist for Bank of America, expects a wage growth of 11 percent in 2014 after an estimated 10.7 percent gain in 2013.
Bloomberg reported that that JPMorgan Chase & Co. and Mizuho Securities Asia Ltd. analysts predict 10 to 15 percent increases
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.