Tag Archives: prices

Prices for food and petrol neck-to-neck in Boston and Hangzhou

On microblog and news portals an interesting comparison is being drawn: Prices in Boston and China. A netizen Wang Pei (王佩) conducted a test of prices for different produce in China with its counterpart in Boston and found results to be alarming. Apart from vegetables, meats all cost more in China. Here is her list of produce:

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Blue Paper: 85% of families can’t afford to buy a house

The Chinese Academy of Social Sciences (CASS) released their “Economic Blue Paper,” the Blue Paper shows that this year the figure for income and all towns and cities across the nation is 8.76, which is 0.46 higher than last year. This is the equivalent of normal families saving for 8.76 years without eating or drinking, and buying a house. The Blue Paper also made predictions about the trend of real estate prices next year, if regulation relaxes, then prices will rebound, and prices might increase a further 20-25%, maybe even more.

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Explaining Chinese book prices

Oriental Outlook explores rising book prices.

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