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by seanmcdirmid 1067 days ago
Average Chinese costs are lower, however, not because their PPP is higher, they just have lower LCOL. So that hair cut that is only 20 kuai is done by a guy outside in the alley who maintains one very long finger nail (and yes, I actually experienced that before). If we were to compare the average Chinese bought car with the average American bought car, you would see a similar effect.