Do labor woes mean era of low wages is ending?

Manufacturers in Guangdong have complained that they do not have enough workers to stay in business, so does this necessarily mean that labor costs are rising in China?

With the end of the Spring Festival holiday, tens of millions of migrant workers are once again leaving their rural homes to seek jobs in cities. But at the same time, factory owners in coastal areas still fear that they cannot recruit enough workers to fill their vacancies.

This paradoxical phenomenon first appeared just a few years ago and looks set to intensify this year.