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 is the expected average wage increase in Hong Kong for 2015?

• 10%

• 7%

• 5%

• 3%

How is inflation expected to affect real income growth in Hong Kong in 2015?

• Real income will decrease by 2%

• Real income will increase by 1 to 1.5%

• Real income will remain the same

• Real income will increase by 3%

What is the forecasted nominal wage increase in China for 2015?

• 10%

• 8%

• 6%

• 5%

Why might multinational companies be hesitant to relocate from China despite wage inflation?

• Cultural differences

• High relocation costs

• Strict government regulations

• Lack of better alternative locations

What is the expected wage growth range for Japanese workers in 2015?

• 3% to 4%

• 2% to 3%

• 4% to 5%

• 1% to 2%