Soaring Asian Wage Bill Sets Stage for Global Inflation Pressure

Soaring Asian Wage Bill Sets Stage for Global Inflation Pressure

Dario Pignatelli/Bloomberg

A Thai soldier looks at a flooded factory from a boat at the Hi Tech Industrial estate, in Bang Pa-In, near Ayutthaya, Thailand on Nov. 17, 2011. The world’s largest producer of computer disk drives demonstrated how deeply the region is integrated in the world’s supply chains.