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China Raises Minimum Wage

By: Associated Press
By: Associated Press
Many Chinese cities are raising minimum wages for workers, fanning inflationary pressures while also seeking to blunt the impact of price hikes on consumers.

A Chinese worker makes Santa Claus toys at a toy factory in Guangzhou, in southern China. (Imaginechina via AP Images)

SHANGHAI (AP) - Many Chinese cities are raising minimum wages for workers, fanning inflationary pressures while also seeking to blunt the impact of price hikes on consumers.

Tianjin's labor bureau, in a statement seen Wednesday on its website, said it is preparing to raise the city's minimum monthly wage to 1,070 yuan ($160) from the current 920 yuan ($140).

The double-digit increases in major manufacturing centers like Guangdong, and the cities of Shanghai, Tianjin and Beijing follow wage hikes last year that have further raised labor costs, accelerating a shift by makers of inexpensive goods to less expensive places like Vietnam and Indonesia.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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