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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (1291858)2/7/2021 12:20:11 PM
From: Jamie1531 Recommendation

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sylvester80

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It doesn't cost as much to live in China as it does in the US does it?

"But 6.9 yuan stretches further in China than a dollar goes in America. One example is the McDonald’s Big Mac. It costs about 21.70 yuan in China and $5.71 in America, according to prices collected by The Economist. By that measure, 3.8 yuan buys as much as a dollar. But if that is the case, then 99trn yuan can buy as much as $26trn, and China’s economy is already considerably bigger than America’s."

economist.com
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