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Reuters: Trump says he might not renew USMCA
(www.reuters.com)
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this post was submitted on 10 Jun 2026
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Manufacturing wages sit at 113.5K CNY. Purchase power parity factor is 3.53. That means those wages are equivalent to what US $32K per year buys you in the US. The trend is for this to grow 4-6% per year. Don't know if Chinese welfare and high housing ownership is factored in.
https://tradingeconomics.com/china/wages-in-manufacturing https://data.worldbank.org/indicator/PA.NUS.PPP?locations=CN