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Chinese factory wages stall as US tariffs start to bite

Less overtime and holiday work impacts paychecks

More Chinese companies are reporting less employee turnover as wages remain stagnant.   © Reuters

SHANGHAI -- Chinese wages have flatlined at many of the nation's manufacturers as a result of an economic slowdown brought on by a trade war with the U.S. and slumping global demand, a shift that has discouraged workers from switching jobs.

Only four out of 37 companies surveyed by Nikkei reported monthly take-home pay had risen from a year earlier, and one company said compensation, including employee benefits, had improved. The rest of the businesses -- more than 80% -- reported static or falling wages.

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