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Despite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period. (lemmygrad.ml)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 13 points 5 months ago* (last edited 5 months ago)

From the ILO 2022 Global Wage Report:

real wage growth among all G20 countries between 2008 and 2022 was highest in China, where real monthly wages in 2022 were equivalent to about 2.6 times their real value in 2008. In four countries – Italy, Japan, Mexico and the United Kingdom of Great Britain and Northern Ireland – it appears that real wages were lower in 2022 than in 2008.

They literally has to create a with China and without China datasets because China alters results so much. Without China the growth of real wages would be absolutely dismal.