• NoneOfUrBusiness@fedia.io
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    2 days ago

    That’s old news; Chinese workers now are actually decently well-paid AFAIK, while the low-paid export labor is mostly in Southeast Asia.

      • NoneOfUrBusiness@fedia.io
        link
        fedilink
        arrow-up
        2
        ·
        1 day ago

        Fair enough. “Underpaid” isn’t an objective measure so it’s hard to argue against, but ths average wage in China in 2024 was 124k yuan. Multiplied by 3.5, the PPP factor for China in the same year and converting to 2024 USD, we get approximately 60k USD equivalents annually. That’s basically the same as France. Now that said there are two caveats here: First this is purchasing power parity, which measures how much money goes domestically; a French wage will go much further when importing foreign goods. Second China has higher inequality than France, and specifically a large rural-urban divide, so the same average is coming from a more equitable distribution in France, meaning most people are making more money than China even in PPP despite the average being the same. Still, it’s clear that the poverty wages China gets derided for are a thing of the past (try doing the same math with 2014 numbers). Chinese factories run on automation now, not cheap labor.

      • Hanrahan@slrpnk.net
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 day ago

        not op but why ? the post that was given about them being underpaid was not citied. That which can be claimed without proof can be dismissed without proof.

        the occasional article i read suggests it mostly about their automation and supply. chain integration.