Diary of a rail fan in Kansai,Japan(Ver.2)

About world's rail news, general news, my train pictures, and travel diary)

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China's Guangdong province to hike mimimum wage by 19%

Citation: http://www.straitstimes.com/news/asia/east-asia/story/chinas-guangdong-province-hike-mimimum-wage-19-20150227

Because of continuous wage rise in China, more and more businesspersons around me says "We are looking for new markets in South East Asia to take advantage of cheaper labor cost. Unlike China, South East Asian countries are pro-Japan. So, we don't have to care about exacerbation by political issues."

I think that businesspersons should see China as a huge consumption market rather than a huge labor market.