Raises of 20% for factory workers. Glum recruiters crowding streets holding posters, competing...

|By:, SA News Editor

Raises of 20% for factory workers. Glum recruiters crowding streets holding posters, competing for workers. And telemarketing firms turning away business because they're booked solid cold-calling people with job offers. Welcome to China's new labor shortage, where rising wages could spur inflation and erode export advantages. (ETF: CYB)