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by learc83 5228 days ago
Wow, it looks like wages have nearly tripled in the last 3 years and looking at the numbers, inflation only accounts for a small fraction.

I've been expecting cheap manufacturing to move away from China eventually, but it seems it may happen faster than I thought.

1 comments

Heh, yup. It's funny how the media neglects to mention how quickly wages have risen over the past few years WITHOUT any pressure being put on the companies by the media. These pay rises were scheduled a long time ago - they were only just put into action because of Chinese New Year a few weeks back.

It's going to be interesting to see what happens once the Chinese workers have to go back to their farms. The average Chinese farm earns about 300-500RMB per month (http://seeingredinchina.com/2011/04/27/how-poor-are-chinese-...); will the NYTimes write about that, too?