Increased Labour Costs Could Bankrupt 9 out of 10 Chinese Companies


Tue, Aug 10th, 2010 10:00 by capnasty NEWS

Patrick Chovanec, of The Daily Crux, argues that while stimulus projects in China's interior provinces have created a short-term crunch in the overall Chinese labor market, the long-term challenge -- and the reason behind rising wages and labor unrest -- is a long-standing shortage of more skilled, experienced workers, a bottleneck which is growing more serious. Check out his articles here.



You may also be interested in:

Buried under student loan debt: One post-grad's story
Quantitative Easing: the Making of Trillions of Dollars Out of Thin Air
The Federal Reserve Bank is as Federal as Federal Express
"This created a bubble, and like housing, that bubble has now burst."
Complete List of How Many Wall Street CEOs Went to Jail for the Financial Crisis