| It has been said that you can have a similar level of living standard in China if you earn about 30% of your US salary. So what 500,000 RMB could bring to that guy in Shanghai may be very close to what he would have in US with a salary of 180,000 USD. Although this "equation" may not be very accurate, many returnees have found it is quite true. Of course there are many elements in the "living standard", and the similar standard is not exact same standard. For example in China you may find playing golf, or buying a foreign-made car is more expensive than that in US. on the other hand, you easily can hire one full-time nanny if you make a half million RMB annually (how much do you have to make if you want to do this in US?). Therefore, how you feel about your new living standard in China will heavily depend on what your emphases are :-) |