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Thread: How much is $500 USD REALLY worth to the Chinese (yuan)
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[quote=GUEST56174,613553]Thank You for considering my question. Today a story came out about a US designer paying factory workers in China $62.00 a week for 60 hours of work. In terms of the US dollar,that is slavery wages. Our minium wage is 7.25. But what does this equate to in terms of the corroborating value in Chinese Money? What does 62 USD buy in China? Is that a month's rent? A grocery bill for a family of 4? What is the equivalent value? [/quote]
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