Why China’s pay unrest is healthy Rising wages are welcome part of economic development. Labour costs are only about 5 per cent of the retail price of China’s main exports – electronics and other consumer goods. The Chinese pay claims are not going to price an iPad out of anyone’s reach (FT)

How the New Wealth Taxes Will Hit You (WSJ)

Florida Real Estate Is Still a Gamble If you’re thinking of buying real estate in Florida, or investing in it, you may want to think again. The multitude of problems facing both commercial and residential properties in the state won’t go away soon. (Barron’s)


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