Fundamental: China to See Low Wage-Inflation Pressure in Service Sector Recovery

Service-sector wage-inflation risk will be relatively low in China amid a demand in recovery, due to the high unemployment rate, weakened financial standing of low-income individuals and families, and low profitability of many service-sector employers limiting wage growth, says Fitch Ratings. China's removal of Covid-19 control measures has boosted demand ...     Alert Mar 1, 2023, 11:47am Fundamental: China to See Low Wage-Inflation Pressure in Service Sector Recovery Service-sector wage-inflation risk will be relatively low in China amid a demand in recovery, due to the high unemployment rate, weakened financial standing of low-income individuals and families, and low profitability of many service-sector employers limiting wage growth, says Fitch Ratings. China's removal of Covid-19 control measures has boosted demand ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support