Economic Status Quo

 

In China, I have no chance to survive, as

The housing prices are among the highest in the world, for example here in downtown Hangzhou, an apartment will cost you RMB 70000 m2, and an average employee earns only about RMB 2000 a month and he has no welfare at all (unlike western society China does not provide reasonable assurance to its citizens), therefore he needs to work for hundreds of years to buy such an apartment without other spending – and the prices are still rising at a rate over 10% a year!

Medicare: it is sure one of the highest in the world and a simple flu will cost us hundreds of RMB and a small surgery tens of thousands and a major operation even a million. Chinese people have to pay hospitalization costs all on their own and these are incredibly expensive.

Studies: Chinese people are also paying some of the highest prices not only for higher education but also for kindergarten, primary and secondary schools. They are well beyond the financial capacity of the most of the Chinese people.

Most other commodities are also priced higher than anywhere else.

 

 

Prices of basic living necessities are so high that average Chinese have no hope to buy.

For example, an average worker earns about 1000 RMB a month, and an average apartment costs RMB 20,000 Yuan a square meter, so that he has to work for 20.000X150/1000 months or 3000 months or 250 years to buy an apartment of 150 square meter without any expenditure (food, transportation, studies, housing etc).


Medical treatment prices are so high that for a treatment of a simple flu the ill man has to pay perhaps a month’s salary of his, and for a treatment of a severe illness he will surely go bankruptcy – in fact most Chinese families are bankrupted now already, because almost all Chinese families are met with a several illness sometime in their life with someone. And most Chinese families don’t have medical insurance, even if they have some sorts of insurances, their coverage is very limited, many medicament can’t be covered. People have to pay for the pharmaceuticals themselves, which are exorbitantly high, hospitalization cost must also be paid by the ill gate men.

China’s education cost are also among the highest in the world. It is said a farmer has to work and save more than 30 years to provide money for his son or daughter to enter university. Likewise, education cost in elementary, secondary schools are even higher than high education. China does not provide free education for its children.

Therefore living in China is a struggle for survival. There is no way out – no guarantee of a home, no guarantee of a medical treatment and no guarantee of an affordable education.

There are many many other weird things happening here in China. Air, water, food are all polluted and poisoned. Most products are of very low quality and fakes. People cheat each other. Chinese don’t respect each other, they don’t know how to behave in the public. Etc etc.