what sucks for them is that there are no chinese high technology companies that are competitive on the world stage
so if they increase wages, companies like apple will just go to other countries and all those people will just be put out of work. japan, taiwan, singapore, s korea all avoided this by creating their own competitive high technology companies like mitsubishi, samsung, toyota etc. so when american manufacturers left over high wages, the workers just went to domestic companies
china fucked up by investing all the money into real estate, shitty made buildings and shadow banking