Investments

Henderson monthly commentary: An update on Asia

Monday 6th of May 2013

Location, location, location
Since 2005 when China adopted a crawling peg currency regime the Chinese yuan has appreciated by over 25%[1] against the US dollar and manufacturing wages have increased by 165%. Over the same period US manufacturing wages have increased by 19%. From these headline numbers it would be easy to deduce that the cost of doing business in China has...

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