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Economy

Minimum wages to jump 19% in Chinese province

GUANGZHOU, China -- Minimum monthly wages in China's Guangdong Province -- known to many as a factory to the world -- will rise by an average of 19% in 2015.

     In May, the province's capital and largest city will raise the minimum wage 22%, from 1,550 yuan ($247) to 1,895 yuan. Guangzhou is home to the factories of numerous foreign companies, including Japanese autoparts makers and electrical parts manufacturers. These plants will continue to see sizable wage increases.

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