China drives global wages up
By Jiang Chenglong | China Daily | Updated: 2018-12-19 07:44
Rapid urbanization, country's ability to adapt to changes in markets credited
China played a significant role in global wage growth from 2008 to 2017, helping the average wage to rise by 22 percent, compared with just 13 percent if the country is excluded, according to a report by the International Labor Organization.
Experts attributed China's influence on wages to the country's steady economic growth and its changing growth drivers.
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