One of the world's most expensive cities just raised the minimum wage by 32 cents an hour — and it's getting absolutely slammed for it
However, in real terms, this hike isn't materially changing the financial situation of those on minimum wage salaries, as Hong Kong's cumulativeThe 32-cent wage hike was widely panned by activists and labor groups who say the increment is not enough in the costly financial hub.
"What can you buy for 40 Hong Kong dollars? A McDonald's meal? 150 grams of pork? Or one-sixteenth of a Disneyland ticket? What is the price of labor?" a UK-based Hong Kong labor rights monitor said in a
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Hong Kong to slash elected seats in setback to democracyHong Kong's leader on Tuesday stepped up a campaign to shut down further democratic challenges by unveiling plans to eliminate most directly elected seats on local district councils, the last major political representative bodies chosen by the public.
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