Internet and mobile phone fees: Just arrived back from Honolulu, time difference and slept on the plane don’t feel like going to bed.

I look at my internet bill at our home in HK discovered that I am paying HK$150/month. The internet bill in SF also $150/month but in US$ which is 7.7x more expensive.

I further look at my mobile phone fee in HK with 2 lines, the HK and China lines, costing me HK$118/month. The same 2 lines in SF costing me US$110 per month, but in US$ which is 7x more than HK.

Do you guys now know what is purchasing price parity?

US rank#1 in the world in term of GDP is really BS. What make it worst in US, accounting fee, attorney fee, rental payments etc are counting and adding to US’s GDP. In reality what have they produced? China don’t count it. Therefore what is included in the GDP difference by country.

I spent an hour on the plane watching YouTube by KOL eating, buying stuffs and traveling in China. These KOL from HK decided to live in Shenzhen, Zhuhai or Zhongshan. Their dollars buying power immediately increase by 1-2x compared to HK pricing. Housing cost is 1/8 of HK. Visiting doctors at Shenzhen’s hospital managed by HKU is better and medicine cheaper. Do you know the average age of the 21 million people living in Shenzhen is 34 years old? How many 34 years old sees doctor? Therefore you will see most of the patients visiting the Shenzhen hospital run by HKU are from HK.

China is now promoting 10-20 minutes living circle. What does that mean? From where you live, the walking distance to market, restaurant, hospital and shop stay within 10-20 minutes in 1st 2nd and 3rd tiered cities.

Do you know all public transportation including high speed trains are not meant to make money in China? Despite not making money, it is the most well maintained and clean transportation in the world! Why? Beijing believes in transportations are meant to be for the people and not a tool to get rich quick.

I suggest everyone here to live in China 1-6 month to see for yourself.

All those not for profit, your children, your grandchildren etc. Hey I have that too. In fact last 35 years, I spent an average of 40 hours/week of my time on non-profit and 40 hours/week on making money to support my family. I have children and grandchildren. All of these never stopped me to enjoy life spending my time in HK/China on Christmas and New Year! What? should spend it with our children and grandchildren? are you kidding? Don’t they have a life?