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Recent China research

* China Watch: Outlook for 2018, Larry Brainard, Trey McArver, Michelle Lam, 7 Dec 2017
* China Perspective: North Korea scores, US stuck, Jonathan Fenby, 1 Dec 2017
* China Watch: The profit cycle – still some way to go, Michelle Lam, Trey McArver, Larry Brainard, 30 Nov 2017
* China Watch: China’s road to an automotive superpower, Michelle Lam, Trey McArver, Larry Brainard, Kingsmill Bond, 23 Nov 2017
* China Watch: Financial liberalisation - a step forward, Jon Harrison, Michelle Lam, Trey McArver, 16 Nov 2017

See all our China research >>

China's growing wage bill

Overview

China's wage costs are set on an upward trajectory despite the continuing massive overhang of surplus farm workers. On the most conservative assumptions, this surplus amounts to at least 70 million people available for other sectors, but recent years have increasingly seen the emergence of labour shortages in some provinces and sectors. This will affect the competitiveness of industries which have depended on low cost workers, but now face competition from other cheap manufacturing...

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