| I agree with Berlin-Olympic-Beijing-Olympic that despite Chinese income is still at the very low end in the world's ranking, its commodity pricing has approached to world class. People have to use their low income to buy products as expensive or more expensive than that in the US or Europe. Not to mention the forbiddenly high priced condos in Shanghai and Beijing which has surpassed pricing in USA for sure (with the only exception of Silicon Valley or Manhattan). |
Mega-Projects and Raising Power of China