Published in China News on 12.01.2012
China News: An update on production costs on the Mainland
To some extent, the upward pressure on export prices is likely to persist in 2012. While weakening demand in overseas markets will translate into downward price pressure on Chinese exports, the continued rise in labour costs on the Chinese mainland, an unremitting revaluation of the RMB and the still-high prices of crude oil and certain commodities will continue to exert upward pressure on input costs.
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