2010-6-14 Morgan Stanley-Minimum Wage Increase

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      【出版时间及名称】：Minimum Wage Increase (2010-6-14)
      【作者】：Morgan Stanley
      【文件格式】：PDF
      【页数】：19
      【目录或简介】： A few local governments in China recently announced a minimum wage increase ranging from
12%-28%, effective Feb-July, and more local governments may follow. We believe the impact would be largely limited
to production workers, as most back-office administrative, sales and managerial staff already earn much more than
the minimum wage. We believe the implications for consumer retail companies are twofold......

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