Expats in China who are finding themselves a bit strapped for cash can now choose where to live based on how expensive it is.
The 2018 Worldwide Cost of Living Survey, which has been compiled by the Economist Intelligence Unit for over 30 years, is out.
As might be expected, the special administrative region of Hong Kong was ranked as China’s most expensive city.
It was also ranked as the fourth most expensive city worldwide, behind Singapore, Paris and Zurich.
China’s list then follows with Shanghai, Shenzhen, Dalian and Beijing.
China’s other first-tier city, Guangzhou, came in at seventh after Taipei, while Qingdao came in eighth.
The report looks at 400 price points of 160 products and services across 133 worldwide cities.
The list of products and services is specifically chosen in relation to expat, as opposed to local, living.
The introduction of green card system in 2004 marked a tangible shift in China’s relationship with expatriates, opening the door for visitors to become permanent residents. To figure out how new expatriates have adapted to life in China, I interviewed four.
China has become an increasingly attractive place to work for expats. However, the majority of those who come to China do not have several years of solid work experience, nor do they speak fluent Mandarin. So what value do expats offer to employers in China?
What noises in China drive you crazy? In Part II of this article, we took some of your comments into consideration. Let’s hear what else is driving the expat world insane.
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