Are China’s Wages and Workers Better Off Than Taiwan? – Part II
There may be a misconception that China’s economic conditions are better than Taiwan, but when we compare the data, Taiwan’s workers are still better off than China.
Are China’s Wages and Workers Better Off Than Taiwan? – Part I
Taiwan’s government should be watchful that China’s average wages were rising rapidly prior to its current economic downturn, and it should ensure that the minimum wage in Taiwan grows faster to uplift wages in general, if it wants to continue to stay ahead of China.
Taiwan’s Wages Are Lower Than Countries with Similar GDP per Capita
In short, Taiwan needs to be genuine about its practice of human rights, and align its labor rights with its advocacy of democracy.
Taiwan Needs to Raise Wages Faster to Protect Its Democracy
Until Taiwan acknowledges that it needs major reforms to dramatically raise wages and reduce housing prices instead of only piecemeal improvements, Taiwan will continue to be too severely divided to govern.
Why Taiwan’s Average Wage Growth is Slower than Minimum Wage Growth
Taiwan will be reviewing its minimum wage in the third quarter of this year, but despite annual increases to the monthly minimum wage since 2017, Taiwan’s average wage growth has not been catching up.