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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: BubbaFred who wrote (43843)12/23/2003 6:27:25 PM
From: RealMuLan  Read Replies (1) of 74559
 
>>but actually pretty steep by China wage standard<<

Fred, for people in cities who have a job, it is very affordable, since average income now is 2000-3000 Yuan, keep in mind the income tax in China is pretty low. Although whether they want to have them at home, that is another question. Most of (A)DSL users in China are younger people, but few college students have them at home since they can use it at school so no point.

Here are the price for some food item in China:

500 grams of lean pork/beef: 8 Yuan
500 grams of rice: 1.2 Y
8-12 eggs (500 grams): 4.8 Y
1 Cubic water (residential): 2.9 Y

Now make your own judgement that 60-100 Yuan/month for high bandwidth connection is expensive or not?

And BTW, from next year, city of Guang Zhou might ask to pay before using any electricity.
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