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China manufactoring formula

April 13, 2011

From “The Return to Shenzhen – Part 1 – News – SparkFun Electronics“:

The average wage on the production floor is 1800 to 2200 RMB per month ($275 to $336 per month).

Noodles and dumplings for 8RMB ($1.25).

SparchFun did visit Shenzhen and did share some interesting information with us.  So they are able to buy 275 meals. In comparision the same meal would cost about 6-10 euro in Western-Europe.  This means that Chinese workers value of the wage in comparision is about 1650-2750 euro.

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