SHANGHAI — The cost of doing business in China is going up.
Coastal factories are raising salaries, local governments are hiking minimum wage standards and if China allows its currency, the renminbi, to appreciate against the U.S. dollar later this year, as many economists are predicting, the cost of manufacturing in China will almost certainly rise.
Although [...]
Posts Tagged ‘china’s manufacturing’
Changes in China Could Raise Prices Worldwide
June 7th, 2010 by Financial Writer
Tags: businesses, china business, china's manufacturing, economists, financial, financial system, Global Economy, global financial crisis, housing market, inflation, money
more...Stock futures point to gains to start 2010
January 4th, 2010 by Financial Writer
Stocks appear headed for a higher opening Monday on the first day of trading in the new year following the lead of overseas markets. Stock futures rose.
An analyst’s ratings upgrade of Intel Corp. shares helped push the technology group higher.
Asian markets received a boost after new data showed China’s manufacturing sector expanded at its fastest [...]
Tags: china's manufacturing, economic recovery, investors, stocks futures, us investors