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Wages in China have increased by 500% from 1994 to 2024, by far the highest rate of increase of any country
(www.visualcapitalist.com)
this post was submitted on 22 Oct 2025
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So what's the correct interpretation of this graphic when comparing between countries? Is it supposed to say that Americans can afford 5 times as much stuff? That doesn't seem right to me, so how come these PPP adjustments don't bring China closer?
Yeah an apartment in a major city in China costs like 2 years wages where in usa it is like 20 years wages.