几百万家与兴丰烟具一样的工厂正受到成本持续上涨、劳动力紧缺、利润率下滑以及海外订单锐减等因素的全面挤压。
Millions of factories like Ms Sun's are being squeezed on all sides by rising costs, Labour shortages, shrinking margins and a collapse in new orders from overseas.
在订单持续减少之际，许多公司还面临原材料涨价、贷款难、环境合规成本及劳动力成本上涨等问题。
Falling orders come as many companies face higher prices for raw materials, restricted access to credit and greater environmental compliance and Labour costs.
“劳动者工资上涨将推动价格中枢的上升，劳动力供给充分条件下的低通胀态势将不可持续，”他写道。
"Workers' rising wages will push up the cost core so that the low inflation possible when labor supply was abundant will be unsustainable," he wrote.
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