Sunday, January 25, 2009

Stats

Spent all day doing research, it's hard to find reliable info on labor/economy of China even over the interweb.
Here is some of what i have found/gathered so far:

Chinese production worker $.067/hr—2006
U.S. production worker $23.65/hr—2006
From the Bureau of Labor Statistics.....

In 2002 there were 109 million manufacturing workers in China and 15.5 million in the US.

Rural manufacturing plant worker earn $70/month ($75 before taxes) or around $837/yr
On a purchasing power parity basis that would be under $2/hr or $3,890/yr for a US worker

Urban manufacturing plant workers take home $112/month ($175 before tax) or $1,344/yr
U.S. parity is $522/month or $6,300/yr

Minimum wage in the Guangdong province $0.52
US $6.55

iPod 120 GB
US—$249.00
China—$321.15

13” Macbook
US— $999.00
China— $1,241.67

Ikea Malm Queen Bed frame
US—$199.00
China—$233.63

June 2008 Gasoline Prices
China—$2.60/Gallon
US—$4.00/Gallon
Source LA Times

Volvo S40 2.4i
US— $28,550
China— $45,000

Any advice/help on where to find some more info would be greatly appreciated.
Thesis statement coming soon.............

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