China Salary Increases Higher Than HK: ECA

The video discusses wage trends and economic conditions in Hong Kong, China, Macau, and Japan. Hong Kong is experiencing wage increases above trend, but inflation reduces real gains. China sees significant wage growth due to talent competition, with controlled inflation enhancing purchasing power. Macau faces similar wage increases as Hong Kong, but inflation impacts are more severe. Japan's workers face minimal wage growth, with inflation and tax increases affecting real income. The video highlights regional economic challenges and the impact of wage trends on company costs and expansion plans.

What challenges do companies in China face due to rising wage costs?

How do the wage increases in Japan compare to those in Hong Kong and China?