China’s Exploited Workers … Are less exploited than American workers! Read Lloyd Lofthouse’s “Working in China“.
The China Law Blog compared China’s employment laws to those of the United States. Reading this post was a revelation, because I did not know that Chinese workers had more job protection—if not higher pay—than most U.S. workers, and I was curious how this came about.
I discovered the reason was due to the transition from state controlled to private owned businesses. Since 1978—when China implemented its open-door policy—the country went from no privately owned small businesses to more than 10 million small to medium-sized private enterprises that represent about 90 percent of all businesses. In addition, The Diplomat.com reports, “China’s private sector now comprises some 70% or more of China’s economy …”
And before anyone criticizes China for paying low wages to migrant factory workers who moved to the cities from rural China, Bloomberg says, “Rural spending power has been lifted by wages earned by peasants working in cities. Wage levels in China [while low compared to the United States] have increased continually over the last two decades as the economy has developed and the private sector has created new employment opportunities. … In 2012, a total of 25 provinces increased their minimum wage by an average of 20.2 percent.”
Source: http://www.clb.org.hk/en/content/wages-china. Read more here…