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Why The Price Level Is Higher Than Abroad

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By Author: ttdafa
Total Articles: 26
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In this article i will talk about an interesting problem, a problem relate to everyone's life. It is called bubble economy. You can see nowadays our society is full of bubble economy, such as real estate bubble, stock market bubble, garlic bubble and so on. 

In china, the ticket price of recent movie is eighty yuan in Beijin. But in America, slap-up cinemas' ticket price of the same movie is fifty-four yuan converted into RMB. Actually, many people in Hongkong are surprised at the ticket price inland because the most expensive ticket price in Hongkong is just fifty HKD. Have you noticed that the price about eating and using is similar with western countries, but about somethings that not belong to popular consumer goods, china's price is far higher than other countries'. Take toll charge for example, calls from America to china is 0.1 yuan per minute, but calls from china to America 8 yuan per minute.

China's ratio of house price to income is three to six times higher than developed country. In some first-tier cities, like Beijing, have the same housing price as Tokyo while per capita income is less than ...
... one-tenth of Tokyo.

Price of commodities has become the focus common people concern. So what lead to this problem?

Some chinese people like to wear famous brand. Armani's suit sold in china is about thirty thousand yuan. But it's just fifteen thousand yuan converted into RMB while sold in America. What about laptop? It is commonly to buy a laptop of about six thousand yuan in china while about three thousand yuan converted into RMB in America.
     
The example i took is just a small part of china's economy. There are endless examples i can list. But what people concern more is the reasons of these phenomenon. In my opinion, these all because china did not and do not want to store fund in common people.

Ttdafa is a lazy girl who always shopping online. She recently found a good website that sold discount ed hardy. Have you ever experienced shopping online? Come and join her.

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