This is from "The China Price" series of articles from last week, compiled from official Ministerial stats, and most of which date from before 2001.
According to the same article the purchasing power of those $0.64 was equivalent to $2 and some change...
But yeah, thats...not good.
On Mon, 6 Dec 2004 10:16:40 -0500, Doug Henwood <dhenwood at panix.com> wrote:
> According to Business Week, a BLS consultant has developed good data
> on Chinese pay rates, which hadn't been available before. In dollar
> terms, including fringe benefits, the average U.S. manufacturing
> worker earns $21.11 an hour; the average Chinese worker, $0.64 (3% as
> much).
>
> Doug