In the News
Wages Soar as China reaches the Lewis Turning Point
2nd March 2017
Some contextual data here on rapid wage growth in China.
Has China reached the Lewis Turning Point? What are the risks and opportunities for the Chinese economy if wages continue to increase at a fast pace? Will it contribute to higher domestic consumption as a share of GDP and perhaps accelerate the transition to investment in more capital-intensive, higher value-added industries?
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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