China used to be cheap. According to figures the World Bank uses to calculate Purchasing Power Parity (PPP), in 2003, a dollar’s worth of currency bought nearly five times as much in China as it did the U.S. A bag of groceries, or a hairdo, or a hotel
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Things That Are More Expensive In China Than America: Fruit, Eggs, Milk & Meat
22/12/2010 by In the News
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