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Higher wages in China could lead to 1.5 million new jobs in South Asia
One man's loss is another man's gain - in this case another woman's. In view of rising wages in China, the global garment industry is looking for cheaper production alternatives in South Asia. According to a new World Bank report titled "Stitches to Riches: Apparel Employment, Trade and Economic Development", this could mean 1.5 million new jobs...
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