China Wage Gains Trimmed by Weaker Profit as Xi Targets Consumer

China Wage Gains Trimmed by Weaker Profit as Xi Targets Consumer

Tomohiro Ohsumi/Bloomberg

Average urban salaries rose 12 percent in the first nine months from a year earlier without adjusting for inflation, slowing from 14.4 percent for all of 2011 and 13.3 percent in 2010, government data show.