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Strategies & Market Trends : World Outlook
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To: Don Green who wrote (1304)2/12/2003 4:00:15 PM
From: RealMuLan  Read Replies (1) of 50895
 
>>Normally, productivity gains should lead to a rise in wages because firms tend to pay productive workers more. But labour supply in China is so abundant that this is not happening. <<

I am wondering what is the proof for this claim? All I hear, see, and know is that the wage in China (big cities) is raising fast, and in some cases very fast, in the recent couple of years, must faster than mine.
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