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<blockquote data-quote="CHenry" data-source="post: 2868071" data-attributes="member: 6281"><p>The chinese are demanding a higher wage and getting it. Corporations are moving in droves from China to Sri-lanka and other 3rd world countries.</p><p><a href="http://qz.com/170363/the-average-chinese-private-sector-worker-earns-about-the-same-as-a-cleaner-in-thailand/" target="_blank">http://qz.com/170363/the-average-chinese-private-sector-worker-earns-about-the-same-as-a-cleaner-in-thailand/</a></p><p>According to CNN’s online global wage calculator, which uses data from the International Labor Organization, the average annual salary of a worker in China’s private sector was <a href="http://www.gov.cn/jrzg/2013-05/17/content_2405396.htm" target="_blank">28,752 yuan</a> (about $4,755) in 2012, or 38% of the global average. That’s roughly the same as a cleaner in Thailand, according to CNN’s data. (It’s also 4% of the average American CEO’s annual pay and only 0.01% of what the Queen of England makes in a year, in case you were wondering.)</p><p></p><p></p><p></p><p></p><p><img src="https://qzprod.files.wordpress.com/2014/01/public-sector-wage-china2.png?w=690" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p>How the average annual salary of a private-sector worker in China compares with the rest of the world.(CNN Global Wage Calculator)</p><p>These figures are circulating Chinese social media, generating <a href="http://huati.weibo.com/786502?from=home_content_topic&filter=mining" target="_blank">over 13,000</a> posts on Sina Weibo, as internet users complain that their modest wages don’t match China’s status as the world’s second-largest economy. (There is some nuance, of course, related to the purchasing power of a smaller salary in China compared with the same amount in more advanced economies, but this doesn’t get much of an airing in these debates.) One <a href="http://weibo.com/2387120412/AttFDi5wc" target="_blank">blogger said</a> (registration required), “So China is very rich but Chinese people are very poor.” One called on Chinese president Xi Jinping, <a href="http://weibo.com/2387120412/AttFDi5wc" target="_blank">writing</a>, “China is that poor? Does Big Xi know?” Another simply <a href="http://www.weibo.com/1854412582/AttZdbGUq" target="_blank">said</a>, “Where is my money?”</p><p></p><p></p><p></p><p>The discussion highlights the uneven distribution of wealth that persists amid China’s rapid economic growth. China has the world’s<a href="https://www.google.com.hk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&ved=0CGYQFjAK&url=http%3A%2F%2Fworld.time.com%2F2013%2F12%2F02%2Fchina-boasts-most-billionaires-after-u-s%2F&ei=lC7iUuGJOoryiAfA9YDADw&usg=AFQjCNHRJmNNeVm4fN-JYDImSW3VDd-2WA" target="_blank">most billionaires</a> after the US, according to <a href="http://www.wealthx.com/articles/2013/first-global-census-shows-record-of-2170-billionaires-worldwide/" target="_blank">a report</a> by Wealth-X and UBS. At the same time, 18 provinces have <a href="http://english.peopledaily.com.cn/90882/8520799.html" target="_blank">downgraded their expectations</a> for per capita disposable income this year, and overall measures of inequality in China only improved <a href="https://www.google.com.hk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDMQFjAB&url=http%3A%2F%2Fqz.com%2F168619%2Fchinas-economy-became-a-tiny-bit-more-equal-in-2013%2F&ei=oiziUu-xEOL9iAfwrYEQ&usg=AFQjCNH3owIiHaUmCYGMJcs6-x34wnGjdQ" target="_blank">a smidgeon</a> last year, according to government statistics.</p><p></p><p></p><p></p><p></p><p>Bloggers found that even higher-range Chinese salaries don’t fare very well in the global league tables. The average salary for public-sector workers is around 60% higher than the equivalent in the private sector, but is still only 60% of the global average. Using CNN’s tool, Chinese media plugged in government figures for the country’s “high income” bracket of <a href="http://news.qq.com/a/20140124/000950.htm" target="_blank">urban disposable income</a> (link in Chinese)—and discovered that the closest equivalent is a taxi driver in South Africa.</p></blockquote><p></p>
[QUOTE="CHenry, post: 2868071, member: 6281"] The chinese are demanding a higher wage and getting it. Corporations are moving in droves from China to Sri-lanka and other 3rd world countries. [URL]http://qz.com/170363/the-average-chinese-private-sector-worker-earns-about-the-same-as-a-cleaner-in-thailand/[/URL] According to CNN’s online global wage calculator, which uses data from the International Labor Organization, the average annual salary of a worker in China’s private sector was [URL='http://www.gov.cn/jrzg/2013-05/17/content_2405396.htm']28,752 yuan[/URL] (about $4,755) in 2012, or 38% of the global average. That’s roughly the same as a cleaner in Thailand, according to CNN’s data. (It’s also 4% of the average American CEO’s annual pay and only 0.01% of what the Queen of England makes in a year, in case you were wondering.) [IMG]https://qzprod.files.wordpress.com/2014/01/public-sector-wage-china2.png?w=690[/IMG] How the average annual salary of a private-sector worker in China compares with the rest of the world.(CNN Global Wage Calculator) These figures are circulating Chinese social media, generating [URL='http://huati.weibo.com/786502?from=home_content_topic&filter=mining']over 13,000[/URL] posts on Sina Weibo, as internet users complain that their modest wages don’t match China’s status as the world’s second-largest economy. (There is some nuance, of course, related to the purchasing power of a smaller salary in China compared with the same amount in more advanced economies, but this doesn’t get much of an airing in these debates.) One [URL='http://weibo.com/2387120412/AttFDi5wc']blogger said[/URL] (registration required), “So China is very rich but Chinese people are very poor.” One called on Chinese president Xi Jinping, [URL='http://weibo.com/2387120412/AttFDi5wc']writing[/URL], “China is that poor? Does Big Xi know?” Another simply [URL='http://www.weibo.com/1854412582/AttZdbGUq']said[/URL], “Where is my money?” The discussion highlights the uneven distribution of wealth that persists amid China’s rapid economic growth. China has the world’s[URL='https://www.google.com.hk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&ved=0CGYQFjAK&url=http%3A%2F%2Fworld.time.com%2F2013%2F12%2F02%2Fchina-boasts-most-billionaires-after-u-s%2F&ei=lC7iUuGJOoryiAfA9YDADw&usg=AFQjCNHRJmNNeVm4fN-JYDImSW3VDd-2WA']most billionaires[/URL] after the US, according to [URL='http://www.wealthx.com/articles/2013/first-global-census-shows-record-of-2170-billionaires-worldwide/']a report[/URL] by Wealth-X and UBS. At the same time, 18 provinces have [URL='http://english.peopledaily.com.cn/90882/8520799.html']downgraded their expectations[/URL] for per capita disposable income this year, and overall measures of inequality in China only improved [URL='https://www.google.com.hk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&ved=0CDMQFjAB&url=http%3A%2F%2Fqz.com%2F168619%2Fchinas-economy-became-a-tiny-bit-more-equal-in-2013%2F&ei=oiziUu-xEOL9iAfwrYEQ&usg=AFQjCNH3owIiHaUmCYGMJcs6-x34wnGjdQ']a smidgeon[/URL] last year, according to government statistics. Bloggers found that even higher-range Chinese salaries don’t fare very well in the global league tables. The average salary for public-sector workers is around 60% higher than the equivalent in the private sector, but is still only 60% of the global average. Using CNN’s tool, Chinese media plugged in government figures for the country’s “high income” bracket of [URL='http://news.qq.com/a/20140124/000950.htm']urban disposable income[/URL] (link in Chinese)—and discovered that the closest equivalent is a taxi driver in South Africa. [/QUOTE]
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