Are wages in China declining and have they fallen back to levels seen 17 years ago? A low-wage tsunami is hitting China; is a monthly salary of 1,500 yuan the worst? Hundreds of millions of people in China are unemployed, and this year 12.7 million college graduates are entering the job market to compete for jobs. Is there any solution to China's low-wage problem?
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Are wages in China declining and have they fallen back to levels seen 17 years ago? A low-wage tsunami is hitting China; is a monthly salary of 1,500 yuan the worst? Hundreds of millions of people in China are unemployed, and this year 12.7 million college graduates are entering the job market to compete for jobs. Is there any solution to China's low-wage problem?