Entries from Asian Chemical Connections tagged with 'wages'

China's rising labour costs - a blessing in disguise?

By Malini Hariharan With so much happening in petrochemical markets the blog has not had time to comment on the ongoing turmoil in China's labour market. But we had noted a few months back that factories in southern China were...

Japan is still in search of a consumer recovery

Japan's fourth quarter GPD growth of 4.8%, which was released today, exceeded economists' expectations. However, although consumer spending rose by 1.1% on an annualised basis, this merely compensated for the 1.1% decline in Q3. In addition, wages rose by only...