Outlook on labor cost development in China (Shanghai region in particular) as a road map for multinational corporations (MNCs)

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Labor cost developments in China, particularly in the East-coast region around Shanghai, pose significant challenges for investors and businesses with subsidiaries there. Over the past decade, labor costs have risen sharply, raising concerns about future trends in the labor market. This research paper explores these economic dynamics, offering insights into the implications for investment strategies and operational decisions in the context of global markets.