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  1. badguy2000

    China's (US$8,480) nominal per-capita GDP surpasses Mexico (US$7,993)

    well, now,one ordinary 3 bedroom apartment in tier1 cities like Beijing now usually costs 1.5M USD(10M RMB). such a apartment cost only 0.2M USD(1.5M RMB) 10 years ago. so, many young white~collars got frustrated by the rocketing house price in tier1 chinese cities,although their yearly...
  2. badguy2000

    China's (US$8,480) nominal per-capita GDP surpasses Mexico (US$7,993)

    the government collects land from urban residents or villages,build necessory infrastrutures(roads/pipewater/eletricity/communication net...) on it,then sell land to developers at the cost +70~year~long house tax. developers(privtae or state~owned) buy land from the government ,build...
  3. badguy2000

    China's (US$8,480) nominal per-capita GDP surpasses Mexico (US$7,993)

    well, housed is owned by the government/villages,but people can be granted 70-year-long usage right of the house. And, such 70-year-long usage right can be succeeded or gifted or rented.. In a word, before it cease 70 years later, such usage right is not different from ownship. of course...
  4. badguy2000

    China's (US$8,480) nominal per-capita GDP surpasses Mexico (US$7,993)

    well, Chinese youth now earn dozens time more than their parents did,but are they more happier? the question is not so easy to answer. the starting salary of one Chinese freshman might be 3000-5000RMB(500-800USD)/month,after they graduate from college/universities( 75% of CHinese...
  5. badguy2000

    China's (US$8,480) nominal per-capita GDP surpasses Mexico (US$7,993)

    nominal per-capita GDP of PR. China always misguides lots of people,because CHina is so large and unbalanced. 1. coastal China,such as Pearl Delta,Yangtse Delta ,in fact are already as rich as quasi developed economies such as S.korea/Taiwan/Portugal,if not richer/more developed. people's...
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