Living in China: 85% of Chinese families can’t afford houses
According to Chinese Academy of Social Sciences (CASS), 85 percent of Chinese families can not afford housing expenditure, and house prices are much higher than their incomes. Read More…
Posts Tagged ‘Social security’
China, Socialism & Consumer Behavior: consumption stimulus to extend into 2010
Stimulus policies spurring Chinese domestic consumption will be maintained in 2010, while high sales growth of home appliances and automobiles due to the stimulus packages will not affect consumption, analysts predict. Read More…
Living in China: Shanghai expats receive security blanket
Foreigners and overseas Chinese who hold a Shanghai residence card and stay in a work contract with a Shanghai employer can now enjoy the city’s social security and benefits, just as their local counterparts do. Read More…
