Is China cheaper than Italy?
No. Even the quality rice is cheaper in Italy…
Prices at 14 April 2009.
High quality rice
Italy: Riso superfino carniaroli, 500gr. 1.82 Euro. (Coop)
China: 静里含香 (jing li han xiang), 500gr. 2.09 Euro. (19 RMB, Carrefour)
High quality fresh Milk
Italy: Lattebusche, 1 L, 0.90 Euro
China: Ubest, 1 L, 1.35 Euro
Coffe at the bar
Venezia: 2,23 Euro to sit at Piazza San Marco, which is the most expensive bar in Italy (read here). 0.88 Cents to drink it on the bar.
Shanghai: 2,68 Euro, at Changning Street, no view, only traffic and smog. Take away, the same price. The price is the same in all Shanghai, and also in touristic places outside the metropole.
Italy: TicTac, change of the gummi under the shoes, 12 Euros.
China: shopping mall, 26 Euros.
Secretary (able to speak a couple of foreign languages)
Italy: 1000 Euro
China: 1008 Euro (9000 RMB)
I have a lot of hope for Italy. I forecast that in a couple of years Italy will become the China of the new decade. I start to appreciate Italy has I have never done before!