Chi­nese cities move up on ex­pen­sive list for ex­pats

China Daily (Canada) - - FRONT PAGE -

China is be­com­ing more ex­pen­sive for ex­pa­tri­ates, ac­cord­ing to a sur­vey.

Mercer’s an­nual Cost of Liv­ing Sur­vey, now in its 21st year, ranked the cost of liv­ing for ex­pats based on a bas­ket of goods, from rent and trans­port to costs of burgers and jeans, in 207 cities around the globe to help com­pa­nies and pol­i­cy­mak­ers cal­cu­late the cost for their em­ploy­ees.

Hong Kong rose from third to sec­ond place this year. On av­er­age, Chi­nese cities climbed 18 spots backed by the stronger yuan. Shang­hai rose from 10th to sixth, Bei­jing from 11th to sev­enth, Shen­zhen from 17th to 14th and Guangzhou from 24th to 15th. China now has three cities in the top 10 and nine cities in the top 30.

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