A basket of fresh strawberries here in China costs 60 RMB (~$8). Local minimum wage is 21 RMB/hr ($3). Thatβs ~3 hours of work. In the US, a carton of $5 strawberries is 30 min at minimum wage. Same fruit, vastly different purchasing power.
Xiaomi YU7 SUV: $33k USD base, $45k fully loaded. I tested the full self driving which uses LIDAR + cameras, lane changes, right turns, yielding, zero input from me. ~350-mile range, air suspension, sub-3 second 0β60 on Max version. Built by $4/hr factory labor.
First time driving in China, Iβm in a used $2k Wuling Mini! No airbags, 100 mile range, 65 mph top speed, itβs cheap canβt complain. The new $5k models have airbags and ABS. This top seller is built by workers on ~$3/hr, pulling 12-hour shifts with only 4 days off a month.