Caution flag for China as labor rates rise

Labor rates in China are on the rise. Inflation is fueling the concern of many workers according to this report in TodayOnline.com.
The publication says that projections have notched up from 3-4 to 4-5 percent in Singapore, but some economists in the region still say the slow global recovery is helping to keep a lid on a wage-price spiral.
In short — more evidence that sourcing in China is not the “no brainer” decision that many experts once claimed it was. There are still many benefits, but as any sourcing decision — it requires careful analysis.

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