BEIJING, China — Factories in China’s manufacturing heartland are feeling the squeeze again, with minimum wages in Guangdong province set to rise by as much as 20 percent on Jan. 1 for the second time in less than a year.

And while one Chinese province’s minimum wage might seem like a local issue, the salary question underlines a continuing momentum in China toward building higher-end business and better jobs.

In other words, the days of endless, cheap Chinese labor are limited. What that means for consumers in the United States and elsewhere is simple: Things are going to cost more, soon.
China economy: Bye-bye cheap, Chinese labor | GlobalPost

If this keeps up and the minimum wage surpasses a $1 an hour as well if credit cards catch on who knows maybe in a few years Chinese traffic won't be so bad?