The NY Times ran an article on virtual farming in China not that long ago. I'm not sure if you need to sign in to see in (I'm perma-signed-in), but:
It's a microcosm for how different a market can look when the cost of living and the value of currency is so different:
"For 12 hours a day, 7 days a week, my colleagues and I are killing monsters," said a 23-year-old gamer who works here in this makeshift factory and goes by the online code name Wandering. "I make about $250 a month, which is pretty good compared with the other jobs I've had."
That's 360 hours per month, or about $0.69/hour. This is why I'm surprised you mentioned South Korea, Don-- that's way below their minimum wage, and I'm surprised they can compete.
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