Earn Your Leisure

My Experience in CHINA: Cost of Living, Wealth Gaps & Capitalist Design

Jun 17, 2025
Discover the fascinating cultural contrasts from a recent trip to China, where the pace of life is slower and rent can be as low as $175. Uncover the booming electric vehicle industry and the thriving African community that showcases international trade. Delve into the economic disparities between the U.S. and China, exploring issues like inflation and the reality of living costs. This discussion raises important questions about American capitalism and the future of the middle class if changes aren't made.
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ANECDOTE

Quiet, Calm Life in China

  • Rashad Bilal noticed people in China speak quietly and have low tempers, unlike noisy, fast-paced Manhattan.
  • He observed a calm, patient daily life with mid-day breaks and no rush among people.
ANECDOTE

China's Electric Vehicles & Trade

  • Rashad noticed 20 electric vehicle companies in China innovating quickly, including BYD as the biggest.
  • He also found a vibrant African business community in Fushong, linked to global trade.
ANECDOTE

Shocking Rent Prices in China

  • Rashad was shocked by rent costs; $2,000 Chinese yuan equaled only $175 USD for a one-bedroom apartment.
  • This affordable housing contrasts sharply with the high U.S. rental prices he’s used to.
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