TOKYO -- As China faces a growing labor shortage and a rapidly aging population, concern is growing that rising wages in "the world's factory" could push up price levels globally and put an end to years of low inflation.
Rising wages at 'world's factory' threaten widespread disruptions

Employees manufacture camera lenses for cellphones at a factory in Lianyungang, Jiangsu Province. As a key contributor to global supply chains, what happens in China could impact wide swaths of the global economy. © Reuters
TOKYO -- As China faces a growing labor shortage and a rapidly aging population, concern is growing that rising wages in "the world's factory" could push up price levels globally and put an end to years of low inflation.