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David Barboza

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Changes in China Could Raise Prices
Barboza David
6/7/2010
Article Resource
Summary:

SHANGHAI - The cost of doing business in China is going up.

Coastal Fcatories are raising salaries, local governments are hiking minimum wage standards and if China allows its currency, the renminbi, to appreciate against the U.S. dollar later this year, as many economists are predicting, the cost of manufacturing in China will almost certainly rise.

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