Tag Archives: economics

Is inflation a Party crasher?

My wife and I try to limit ourselves to a budget similar to what a Chinese family might earn. That’s about $400 a month for the two of us, which would be average for a Chinese teacher, and at the … Continue reading

Posted in Current Events, Development, Life in China | Tagged , , , , , , | 16 Comments

Does China’s Growth mean Communism works?

Yesterday I lead you through a crash course in Economics, and showed you that China’s GDP doesn’t mean that it’s a developed country, I would suggest reading that first. I think for many American’s (and probably many Europeans) China’s rise … Continue reading

Posted in Development | Tagged , , , , , , | 17 Comments