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by learc83
5228 days ago
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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. |
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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?