Guangdong workers get guaranteed wage levels
China's Southeastern province of Guangdong has announced that it has formally instituted minimum wage standards for its companies. The wage rate varies depending on the location of the company, but most workers below management level should receive some raise in the monthly wage.
"The minimum wage ranges from a high of 780 yuan (US$96.18) a month in Guangzhou to the lowest rate in rural regions of 450 yuan (US$55.49) a month." Though these levels probably seem repugnant to Americans who are used to making these monthly salaries in one hour of work, every extra dollar offers Chinese peasants hope for a brighter future.
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