Posted on 05/19/2016 11:45:53 PM PDT by Berlin_Freeper
The Russian average monthly wage has slipped below $450, which is less than the Chinese average, Sberbank chief analyst Mikhail Matovnikov said, the TASS news agency reported Thursday.
“Labor in Russia is now cheaper than in China,” Matovnikov was quoted as saying.
According to a presentation given by Matovnikov during a meeting with shareholders in St. Petersburg, Russia’s average monthly salary is $433, which is lower than in Serbia, Romania, China and Poland.
(Excerpt) Read more at themoscowtimes.com ...
This is a competition advantage.
How long before Apple moves iPhone manufacturing from China to Russia ?
Don’t believe anything written now about russia. The goal of NATO and the New World Order is to cannibalize the last Christian nation on earth - Russia - and turn the globe into a moslem hell hole. The lack of knowledge about Russia stems from the language barrier. Russia has a state church and that church has declared a holy war in Syria.
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