Saturday, October 27, 2012

(Nothing Is Ever As It Seems In China) China Beckons

October 26, 2012
BEIJING — The pollution is choking, the traffic clogged, and the food scares range from toxic bean-sprouts to the use of gutter oil in restaurants. Not to mention that this one-party state has a shoddy human rights record [PDF] with no free press. So why is China fast becoming one of the most desirable locations for expats to live?
The answer is money. This month, China ranked 7th in HSBC’s 2012 Expat Explorer Economics annual survey, up from 19th the previous year. The survey measured disposable income, quality of life and the challenges of raising children abroad (for which no data was provided for China), among other things, by talking to expats from four continents. Almost half of the expats surveyed came with the expectation that they would earn more in China. They weren’t disappointed. Sixty-four percent stated they saw a marked improvement in their household’s financial status after arriving in the country.  To Read More.....

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