Even the direct hires now adhere to the agreed upon collusion, as do all recruiters who place in the area.
Yin Xing cut their offer from 7500 to 6000. In line with all other local offers.
Salary still 6000, exchange rate is worse now, still no holiday pay, still the same crappy apartments, but 8+ years of price inflation.

Of course this is a knock-on-effect of English speaking countries (mainly UK) being flooded by foreign labour, who will work for a very low wage and also monopolise many job vacancies completely. Many young British people with degrees wouldn't have bothered about teaching at all I dare say if they could have found other work in the country. The result is that they are forced to actually use their degrees teaching in China. There are so many of us taking refuge in China that you can hardly blame the Chinese for cutting the money and providing second-rate accommodation. Don't blame Chinese schools because we have brought it upon ourselves and brought it upon innocent Americans, Australians, etc. The sooner we leave the EU the nearer the day will come when FT wages rise again in China.