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China's wages to increase 10 percent this year
(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
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
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