China MediaExpress Holdings, Inc. (fka CCME)

[derek2000]

Interesting analysis

USD $3000 of monthly salary is about CNY$20,000.

For comparisons:
It is about the same as a salary paid to a general or a high ranked professor (both are considered highly paid professionals.)

Average factory work earned about CNY$1,000 (USD$150) per month last year and it jumps to to CNY$2,000 (USD$300) /month this year due to labor shortage.

Average white collar in second tier city earns about CNY 3000-6000/month. Only in first tier cities, you will see managers with salary in the CNY$12,000 to $20,000 range.

In US, the average household income outside of Wall Street used to be USD$3000 or CNY$20K per month. Now could be less thanks for a crisis created by Wall Street in 2008.

"How much is CCME paying its employees? It only has 170 employees. So assuming CCME pays $1M for rent per quarter... then it's paying $1.51M/170 employees = $8900 per quarter for salary + benefits. What a tight-wad. Uh... hmm... $3000 usd per month is hmm... actually not that bad in China. "