{"id":782,"date":"2011-09-13T19:04:28","date_gmt":"2011-09-13T23:04:28","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=782"},"modified":"2011-09-13T19:04:28","modified_gmt":"2011-09-13T23:04:28","slug":"chinas-lessons-from-mexico-and-japan-wsj-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/13\/chinas-lessons-from-mexico-and-japan-wsj-com\/","title":{"rendered":"China’s Lessons From Mexico and Japan – WSJ.com"},"content":{"rendered":"

China might have more to worry about. Wages in the low-skill manufacturing sector are rising fast. On their current trajectory, they will double in the next five years. Low-skill jobs have already started to migrate elsewhere and will continue to do so. Public spending on education, at 3% of GDP in 2009, compares unfavorably to an average of 5% in the grouping of upper-middle-income countries to which China aspires. Reform of the financial system has fallen by the wayside as banks continue to funnel savings to low-yielding state-sponsored projects.<\/p><\/blockquote>\n

via Heard on the Street: China’s Lessons From Mexico and Japan – WSJ.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

China might have more to worry about. Wages in the low-skill manufacturing sector are rising fast. On their current trajectory, they will double in the next five years. Low-skill jobs have already started to migrate elsewhere and will continue to do so. Public spending on education, at 3% of GDP in 2009, compares unfavorably to … <\/p>\n

Continue reading “China’s Lessons From Mexico and Japan – WSJ.com”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[1828],"class_list":["post-782","post","type-post","status-publish","format-standard","hentry","category-china-hk","tag-inflation"],"yoast_head":"\nChina's Lessons From Mexico and Japan - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China's Lessons From Mexico and Japan - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"China might have more to worry about. Wages in the low-skill manufacturing sector are rising fast. On their current trajectory, they will double in the next five years. Low-skill jobs have already started to migrate elsewhere and will continue to do so. 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In the U.S. market, Vietnam, Bangladesh, Indonesia\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4865,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/16\/labor-shortage-may-help-china-adjust-to-slower-growth-wsj-com\/","url_meta":{"origin":782,"position":4},"title":"Labor Shortage May Help China Adjust to Slower Growth – WSJ.com","author":"Colin Twiggs","date":"July 16, 2012","format":false,"excerpt":"Reflecting the tight labor market, wage income for urban households rose 13% year-on-year in the first half, and average monthly income for migrant workers rose 14.9%, according to data from China's National Bureau of Statistics...... At current rates, China's private-sector manufacturing wages will double from their 2011 levels by 2015,\u2026","rel":"","context":"In "China & HK"","block_context":{"text":"China & HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3679,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/01\/heard-on-the-street-china-shifts-out-of-dollars-world-doesnt-end-wsj-com\/","url_meta":{"origin":782,"position":5},"title":"Heard on the Street: China Shifts Out of Dollars, World Doesn’t End – WSJ.com","author":"ColinTwiggs","date":"March 1, 2012","format":false,"excerpt":"In the 12 months to June 2011, dollar purchases accounted for just 15% of additions to China's reserves. 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