$0.40 Beef, $0.80 Stir-Fry! Chinese Can Barely Afford It! Huge Deflation, Economic Collapse Begins

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Published 2024-05-01

In recent news from rural markets in Shandong, China, a trend known as the "100-yuan challenge" has gained significant traction. This challenge involves customers spending only 100 yuan at the market stalls and in return, the vendors arrange a feast according to the number of people present. The aim is to provide customers with a satisfying and abundant meal at an incredibly low cost.
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All Comments (21)

@Sportclub18 14 days ago

I would never eat chiness food in China!! Gutter oil, plastics....no way!!!
@joebhlee 14 days ago

After years of faking it, copying, cheating, stealing, the eventual consequences are coming back to roost.
@snapperl 14 days ago

.40 for "beef", hmmmm, Press X to doubt lol.
@0Zebadee0 14 days ago

I lived in China for 18 years. Stopped eating Chinese food after 5 years. Disgusting. Too many visits to the hospital and days off work sick.
@JohnLandau-rg4gh 14 days ago

It sounds to me like wages have fallen much faster than prices. Also, there has been a large increase in the number of unemployed people with little or no income. The reason many businesses are forced to drastically cut prices or go out of business is a large part of the Chinese population are so poor that they cannot buy much of anything. The cololapse in wages and the massive increase in unemplyment is what forces prices down.
@HKim0072 14 days ago

Congrats Xi! I called this months ago. It's the worst possible scenario. Inflation in necessities and deflation in discretionary goods. The higher prices in necessities is crushing discretionary items even more. Economies run off discretionary purchases.
@dustinmiller2775 14 days ago

Mass depopulation has a deflationary, effect. 💯
@ayenlee6534 14 days ago

It's so scary to buy Chinese products and brands... Never Again!
@slayer2450 14 days ago

Yeah.... when a deal is too good to be true it is indeed too good to be true. How many corners need to be cut for this to happen.
@TC-fq7cy 14 days ago

I do not dare to eat those dishes.
@benyomovod6904 14 days ago

If nobody pays for their debts, nobody has debts
@gigannas 14 days ago

So, there's pretty shitty situation in China and everybody is trying to save money and somehow get by, and then someone comes in and gives you meat at 90% discount, yeah? Personally, I would go for the vegetables at full price.
@toodlepop 14 days ago

i feel like this much food, handcooked by someone else, in the US...this would be like pushing $100.
@led0073 14 days ago

We in the West also need to just stop buying, the high prices are a joke, and we, the consumers, need to bring these greedy companies back into line by forcing them lower prices, if they don't leave them with their stock.
@powershift2024 14 days ago

The current FOREX is 7.27 RMB to 1 USD and continually dropping. This will continue far below 8.00. The yuan will be worthless soon and Xi will attempt a war.... 😮
@noinformationretained8861 7 days ago

Don’t eat this - I got sick so fast in China after just some veggies
@erikheim84 14 days ago

Eating flavored cardboard🤣
@DeadFishFactory 14 days ago

Maybe the food isn't questionable, but China hasn't given itself a good reputation when it comes to food and especially cheap food.
@benyomovod6904 14 days ago

In China you get everything, except real things, hygiene or quality. Bring your own food if you visit China
@ryananderson8511 14 days ago

I remember being completely disheartened working at King Soopers in 2019 making $8.60 an hour after taxes and union fees and realizing that I just can’t afford any of the food that I see every day