Wednesday, August 11, 2010

Young & Restless

Sigh... too many Chinese people. Beijing is an expensive place to live. ¥3000/month is not nearly enough. My friend just bought a car for ~US$18k. That's a little over 3 years of salary for a new college graduate (before taxes). I think she said they pay 11% for income taxes, whereas I pay ~48% before deductions. I guess the goal is to work in China as an expat making American salary.

1 comment:

Anonymous said...

based on current orders from MS and AQT, it could be a while before we can pay expat salaries.