Shenzhen’s garment exports plummeted 47.1% year-on-year in the first five months of the year as local operating costs grew rapidly, China Business News reported. Rising costs show no signs of abating. Minimum wages for workers in urban Shenzhen were raised to US$146 (RMB1,000) per month from July 1, although real wages are usually much higher. Industry experts say it is sensible for the ...