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Definitely not in the major cities, like Beijing, Tianjin, Shanghai, and Guangzhou.

$7.25 minimum wage per hour at fed level. 40 hour per week and 50 working week you have 14,500 USD, or 105K RMB roughly based on exchange rate today.

105K RMB yearly is close to or above average even in the above cities.

for some state the minimum wage can be $15 or higher, this is wayyyy better than China.