Save. Spend. Splurge.

Travel: What it’s like to visit China – Working into their old age

This is part of my Travel Series.

So here’s a quick chart I created:

(Source: China Daily; but I adjusted the final annual amounts because the monthly numbers didn’t add up to their annual salaries listed in their posted chart.)

As you can see, they have an average salary in the richest cities in China, that is considered far below our poverty line.

Yet they manage to save almost 49% of their income.

Read: Global savings rates: How much do people save around the world?

Shanghai-China-Photograph-Recycling-Old-Man

 

Many old women work well into their old age, like these old women who (probably) can’t afford to retire.

She’s still running a restaurant outside:

Shanghai-China-Photograph-Restaurant-Old-Woman-Kitchen-2

Shanghai-China-Photograph-Restaurant-Old-Woman-Kitchen

This one is making packed (rice?) and pork packages that will be steamed to eat:

Shanghai-China-Photograph-Old-Woman-Selling-Food

 

 

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