Labor costs at China's factories have risen substantially as the country's economy has grown, driving price increases on US imports this year. Prices for Chinese imports were up 3.9% last month over the previous year, with higher increases in certain categories where China accounts for up to 80% of imports, including shoes and luggage. The Wall Street Journal (14 Dec.)
http://online.wsj.com/article/SB10001424052970204026804577098773308400202.html?mod=dist_smartbrief
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