WINDSOR, ON – China’s reputation as a low-cost manufacturer is under assault by growing dissatisfaction among workers, and the world’s most-populous nation could lose production as a result, a top Canadian economist says. Sherry Cooper, chief economist for BMO Capital Markets, says wages are on the rise in China, sparked by recent incidents of labor unrest at auto plants. China to date has been able to inspire its populace with a doctrine that promotes sacrifice for the common good. But, ...
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