18 provinces have raised their minimum wage, here is my take
Only foreign firms respect these wages, so for most chinese, who do not work for foreign firms this means nothing
Even though the new Beijing minimum is 2 u$ per hour, that is 1.50 more than most of these people are worth
The crash of the chitanic is coming
This will cause inflation, plus the drought in the USA will cause an increase in food prices, which will hurt these thugs
Excerpt from wantchinatimes.com
As of Aug. 9, 18 provinces, autonomous regions and municipalities in China raised their minimum monthly wages. Among them, Shenzhen, the industrial hub in the southern province of Guangdong, will pay the highest monthly salary of 1,500 yuan (US$236), while Beijing will pay the highest hourly salary of 14 yuan (US$2.20), statistics from the state-run news portal Chinanews showed.
The regions and municipalities that have implemented hikes are Beijing, Sichuan, Jiangxi, Shaanxi, Shenzhen, Shandong, Shanghai, Tianjin, Guangxi, Ningxia, Gansu, Shanxi, Yunnan, Chongqing, Jiangsu, Xinjiang, Fujian and Hainan.
After adjustments, Shenzhen will pay the highest monthly wage of 1,500 yuan (US$236), followed by Shanghai with 1,450 yuan (US$228) and Xinjiang with 1,340 yuan (US$211). Jiangxi will pay the lowest monthly wage with 870 yuan (US$137). Beijing, Xinjiang and Shenzhen are the top three payers of hourly wages of 14 yuan (US$2.20), 13.4 yuan (US$2.10) and 13.3 yuan (US$2.09), respectively. Guangxi, on the other hand, will pay the lowest at only 8.5 yuan (US$1.34) per hour.

Photo from a riot in china