this post was submitted on 25 Oct 2024
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I mean, wonder what proportionally to salary that would be like. So Americans make on average 58000$, and they aren’t willing to spend 10$ (pulling the number out of my arse here, no idea what 1.8$ meal is in China) on McDonald’s, for a total of 5800 meals.
Chinese make around 7000$ a year, and aren’t willing to spend 1.8 on a meal, around 3888 meals.
Americans aren’t doing tooo bad
Median salary in China is $3800 /mo. Closer to $45k/year.
https://www.statista.com/statistics/278349/average-annual-salary-of-an-employee-in-china/
https://www.salaryexplorer.com/average-salary-wage-comparison-china-c44
Take your pick. But both are substantially higher than your estimate.
those data are somewhat accurate in beijing/shanghai/shenzhen, but in no way does it reflects average salary in the whole country. even in tier1 cities 10k average is only achieveable for white collar working class people. a typical blue colloar worker earn around 4k by contrast. people from tier 2/3/4 cities earn way less.
https://rsj.beijing.gov.cn/bm/ywml/202007/t20200717_1950961.html
The whole country isn't urbanized and proletarianized, yet. If you go far enough into the Eastern rural districts, you're not going to find malls full of fast food restaurants much less salary workers looking to pinch their renminbi.
i'm not even talking about rural/un-urbanized area. in cities your numbers are still way higher than reality. even in beijing, making 10k plus a month is like top 20%, needless to say "Salaries range from 7,410 CNY (lowest average)" is a day dream.
Salaries have been rising steadily for the last ten years. Your data is likely out of date.
i already gave you data for beijing in my first comment, those are up to 2023.
What American is making $58K a year? Most of us are lucky to get anything over $30K.