Submitted by kavithatk t3_11cp2d1 in dataisbeautiful
[deleted] t1_ja7te0d wrote
Reply to comment by Jerund in The price of a Starbucks Latte, by country by kavithatk
[deleted]
Jerund t1_ja7ujgx wrote
Like I said again, I didn’t define my “data” on what is considered rich. You came in with the assumption that someone rich is someone who is a millionaire. You don’t need to be a millionaire (usd) to be “rich” in China. Even if you have 400k usd, you would be considered rich. In a tier 2 city, you can buy like 4-6 apartments with cash and rent that out. Your standard of living is much lower in China compared to USA. If you have a million dollars in america, I wouldn’t even consider that rich because everything is much more expensive.
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