Poor Chinese labors are rich than you . The salary of them is around 100000RMB/year
And they are hired by Chinese construction company to build factory or something else.
They are skilled and experienced workers, that's why they are hired.
They do not work for Vietnamese.
And what 's your salary in RMB or Dollars ,rich man ?
An average vietnamese household owns at least an apartment value minimum $50,000 grow at least 2 kids.
Mine : a multi storey building and 3 kids.
Is Vietnam a number of WTO ?
You means member of WTO ? yes.
member of FTAs : ACFTA, AKFTA, AJFTA, VJFTA, AANZFTA, ATIGA ... soon later TPP.
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I explain more on TPP after affect.
If the items from China to US buyers was applied 8% of import duty, while the same items from TPP countries applied tariff waiver ( Zero percent of import duty ), the US buyers would buy the items from TPP joiners. That means China will not produce that items for US market anymore ...
If Taiwan as a TPP joiner, want to get tariff waive for their finished product which is sold to TPP market, they must produce themselves all in, or import components, materials from other TPP joiners, for example Vietnam.
If the Chinese companies want to have some profits from TPP, they must make investment into TPP joiners, to get profit as those country companies.
Legally, Chinese created companies in Vietnam, those companies are Vietnamese companies under Vietnam laws including company laws, Vietnam labour laws ... any dispute under Vietnamese courts.