About Purchasing Power in China

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Clothing, Food, Housing, Traffic

FOOD:

习近平菜单:猪肉大葱包子炒肝芥菜,共21元

记者来到习近平总书记刚刚来过的庆丰包子铺。柜台工作人员称,今天中午12点左右,习近平和一行人乘面包车来到店中,分别排队点餐。据悉,他点了了二两猪肉大葱馅的包子,共六个,一碗炒肝,一份芥菜,一共消费了21元。

The lunch cost of President XiJinPing: 21 yuan, about 2.5 euro (3 USD).
In Europe, it is difficult to get them under 6 euro (8 usd).

That’s the difference of Purchasing Power Parity (PPP) from Exchange Rate.

21 Yuan: Onion stuffing pork buns, a total of six, a bowl of fried liver, a mustard

One pack Marlboro costs 10 Yuan in China (1.2 euro), it costs 5 euro in W.Europe.

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