GUANGZHOU -- Chinese provinces have responded to President Xi Jinping's "common prosperity" campaign by hiking minimum wages, but higher labor costs could prompt manufacturers to shift production elsewhere.
Economy
Minimum wage hikes sweep China in 'common prosperity' push
Trend risks a production exodus over costs already higher than Southeast Asia's
A worker at a mask factory in Shanghai. The hikes are expected to most benefit migrants from rural areas working in cities. © Reuters
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