this post was submitted on 25 Oct 2024
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[–] Asafum@feddit.nl 57 points 1 week ago (1 children)

Looks like they're having a similar problem as we do.

Pay me more and I'll be willing to spend more.

Sorry I know that's a radical leftist communist Venezuela socialisim I just did there... Really what we should be doing is asking billionaires to take more of my salary while I also buy more of their products to help the poor poor billionaire who just needs some more support to get by.

[–] LibertyLizard@slrpnk.net 15 points 1 week ago

This is double wrongthink, comrade. We’ll never achieve communism by giving workers control over the means of production and improving pay and working conditions. We must instead increase the power and wealth of capitalists by exploiting the workers even harder. This will increase the inherent contradictions in capitalism until somehow, at some unspecified future date, the perfect communist society will naturally arrive without any need to question or challenge the ruling party or wealthy business owners.

[–] missingno@fedia.io 10 points 1 week ago

$1.80, that's what cost.

[–] Justas@sh.itjust.works 2 points 1 week ago

It's not frugality, it's poverty.

[–] Kidplayer_666@lemm.ee 0 points 1 week ago* (last edited 1 week ago) (2 children)

I mean, wonder what proportionally to salary that would be like. So Americans make on average 58000$, and they aren’t willing to spend 10$ (pulling the number out of my arse here, no idea what 1.8$ meal is in China) on McDonald’s, for a total of 5800 meals.

Chinese make around 7000$ a year, and aren’t willing to spend 1.8 on a meal, around 3888 meals.

Americans aren’t doing tooo bad

[–] UnderpantsWeevil@lemmy.world 4 points 1 week ago* (last edited 1 week ago) (1 children)

Chinese make around 7000$ a year

Median salary in China is $3800 /mo. Closer to $45k/year.

[–] Kidplayer_666@lemm.ee 4 points 1 week ago* (last edited 1 week ago) (1 children)
[–] UnderpantsWeevil@lemmy.world 7 points 1 week ago* (last edited 1 week ago) (1 children)

https://www.statista.com/statistics/278349/average-annual-salary-of-an-employee-in-china/

https://www.salaryexplorer.com/average-salary-wage-comparison-china-c44

A person working in China typically earns around 29,400 CNY. Salaries range from 7,410 CNY (lowest average) to 131,000 CNY (highest average, actual maximum salary is higher).

Take your pick. But both are substantially higher than your estimate.

[–] savx@lemmy.world 1 points 1 week ago (1 children)

those data are somewhat accurate in beijing/shanghai/shenzhen, but in no way does it reflects average salary in the whole country. even in tier1 cities 10k average is only achieveable for white collar working class people. a typical blue colloar worker earn around 4k by contrast. people from tier 2/3/4 cities earn way less.

https://rsj.beijing.gov.cn/bm/ywml/202007/t20200717_1950961.html

[–] UnderpantsWeevil@lemmy.world 2 points 1 week ago (1 children)

in no way does it reflects average salary in the whole country

The whole country isn't urbanized and proletarianized, yet. If you go far enough into the Eastern rural districts, you're not going to find malls full of fast food restaurants much less salary workers looking to pinch their renminbi.

[–] savx@lemmy.world 1 points 1 week ago (1 children)

i'm not even talking about rural/un-urbanized area. in cities your numbers are still way higher than reality. even in beijing, making 10k plus a month is like top 20%, needless to say "Salaries range from 7,410 CNY (lowest average)" is a day dream.

[–] UnderpantsWeevil@lemmy.world 0 points 1 week ago (1 children)

even in beijing, making 10k plus a month is like top 20%

Salaries have been rising steadily for the last ten years. Your data is likely out of date.

[–] savx@lemmy.world 1 points 1 week ago

i already gave you data for beijing in my first comment, those are up to 2023.

[–] Psythik@lemmy.world 2 points 1 week ago

What American is making $58K a year? Most of us are lucky to get anything over $30K.