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RAW MATERIAL PRICES, WAGES, AND PROFITABILITY IN CHINA’S INDUSTRY—HOW WAS PROFITABILITY MAINTAINED WHEN INPUT PRICES AND WAGES INCREASED SO FAST?
China profitability commodity price raw material wage
2009/1/16
China’s industrial sector has faced large increases in raw material prices, and wages have also risen significantly. This paper aims at analyzing and quantifying the impact of the cost pressures on th...