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There is no letup in inflation pressure in China as Guangdong Province lifts its minimum wage by...

Jan. 20, 2011 3:12 PM ETBy: Stephen Alpher, SA News Editor2 Comments
There is no letup in inflation pressure in China as Guangdong Province lifts its minimum wage by 18.6%. This follows similar increases across the country over the past months, including the city of Beijing, where a 20% rise in June was followed by a 21% bump just 6 months later.

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