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China increases minimum wage rates

posted Apr 18, 2014, 1:37 AM by Benkaico Benkai   [ updated Apr 18, 2014, 1:38 AM ]

The U.S. isn't the only large nation currently dealing with wage issues for its lowest-paid workers.

In China, where city and provincial governments set minimum wage standards, a number of regions are moving to raise employee pay. Starting in April, the minimum wage for workers in Shanghai will rise to $293 per month (1,820 Chinese yuan), the highest in mainland China. And over the past several weeks, both Shandong Province in eastern China and the city of Shenzhen, a major manufacturing base just across from Hong Kong, have raised their minimum pay scales.

http://www.cbsnews.com/news/china-increases-minimum-wage-rates/

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