“In 2024, the per capita disposable income nationwide was 41,314 yuan, an increase of 5.3 percent over that of the previous year or a real increase of 5.1 percent after deducting price factors”
Tell me how growing your disposable income by 5% a year is “not being able to afford anything”
How much money do you think the median American takes home these days with cost of living and suppressed wages? -2000 in credit card debt once the budget gets tallied?
Yeah, people always seem to forget that it’s about what you can purchase, not the $ amount. Similar to living in a city vs a rural area, the cost of food/housing varies widely even in the same country.
This post is misinformation.
Statistical Communiqué for 2024 on national economics by the National Bureau of Statistics of China:
“In 2024, the per capita disposable income nationwide was 41,314 yuan, an increase of 5.3 percent over that of the previous year or a real increase of 5.1 percent after deducting price factors”
Tell me how growing your disposable income by 5% a year is “not being able to afford anything”
So, in average they had 5k dollars to spend on everything that isn’t food and rent… And you are proposing they are rich?
How much money do you think the median American takes home these days with cost of living and suppressed wages? -2000 in credit card debt once the budget gets tallied?
23k dollars:
https://fred.stlouisfed.org/series/DSPI
When you can get a fucking delicious and nutritious bowl of noodles and vegetables for 5 yuan or a metro/bus ride for 3 yuan in the USA let me know.
Yeah, people always seem to forget that it’s about what you can purchase, not the $ amount. Similar to living in a city vs a rural area, the cost of food/housing varies widely even in the same country.
They take yuan in the USA now??? Opens my Bank of America app
Truly you are part of the 1%