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'Quit Or Accept Minimum Wage': Chinese Company's Ultimatum To 1000 Autoworkers As EV Sales Drop
(www.ibtimes.co.uk)
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I'm honestly surprised China has a minimum wage.
It's probably something stupid like a dollar a day
https://en.wikipedia.org/wiki/Minimum_wage_in_China
Looks like the lowest as of 2023 equates to about 1.79 USD an hour?
That sounds crazy low, but I also wonder what the spending power is there? I mean, if you take $7/hr in the US and put that in San Francisco, you're gonna have a rough time, but lots of places that's uncomfortable but not starving, you know?
Just from context and reports about conditions of poor Chinese people, I imagine it's worse than our $7 in a rural area, but I don't feel like I can get a clear idea of what that means to a person living there beyond "that's really poor."