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Shopping In Shanghai – 40 Cent Beer And $10 Ice Cream

written by John Chow on March 8, 2009

How one lazy bum made $176,697.50

Our first full day in Shanghai was spent shopping for some basic requirements of life, like beer and ice cream. Generally, most stuff are much cheaper in China than they are back home. Add in the $1US to 7RMB exchange rate and you can live like a king here. That is assuming you can continue to make US dollars while living in Shanghai, which is what you can do if you make money online. :)

It’s really interesting to note the price difference of products and services between Vancouver and Shanghai. Many times, I had to do a double take because I thought the price was a misprint. How can they possibly make a profit selling beer for 40 cents? I should also note that I attracted some strange looks in the store. I’m not sure if it was because I was video taping or because I was speaking English while video taping. Maybe it was both.

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Price of beer in shanghai 40 cent, very cheap

You can't blame Asia :) Everything is made in those countries, but beware of fake explosion cell phones :P

-Mike

You should try the prices here in Indonesia John...it's even cheaper..:)

I always thought you could read chinese. I guess I was assuming. Anyway cool stuff and wow...that ice cream is very overpriced

I've been talking with a furniture manufacturer in China, barbarafurniture.com. All of their beds are under $300 and look quite nice. Shipping and import/export charges are quite costly, making it more advantageous to import in bulk. Here is a real world example if I decide to order one of the $270 beds:
---------------------------------------------------------------------------
1) the freight (from our town to shenzhen warehouse): USD 147

2) the local custom clearance charge:USD 220

3) SHENZHEN TO CHICAGO:

USD 45/CBM+CFS(USD 6/CBM)+DOC(USD 22)+CUSTOM CLEARANCE CHARGE AT DESTINATION PORT(USD 47)+AMS(USD 25)+DDC(USD 31/CBM)

So the charge according to the CBM.

In fact, the local custom clearance no matter 1 cbm,or 10 cbm,it still receive USD 220.

If you want to buy 1 bed,the CBM is about 1.5

the charge as follow:

USD 45X1.5+USD 6X1.5+USD 22+USD 47+USD 25+USD 31X1.5+USD 147+USD 220=
USD 584
---------------------------------------------------------------------------

So the final cost to get a bed to Chicago is $584, which is twice the cost of the bed itself. Pretty interesting numbers.

Perhaps there's over abundance of barley which I think is the main ingredient in beer. That might make it so cheap, Anyway I'm sure you drank to your heart's content John. Unfortunately I couldn't see the video as it is "unavailable". Will catch it later.

Peter Lee

It is always never too late to learn Chinese Language.

China's five thousands years of civilization would means nothing if you can't even take a glimpse of the written wisdom that passed down from our ancestors.

Ha ha, that's great! The beer, I mean... not so much when it comes to the ice cream.

Come on John name streets and shops for those who live in the city! There is one street (Wujiang Lu) not far from my office where on side of the road there is $0.60 for a meal dumplings and on the other $4 coffee from that well know brand. Things here are well different.

please note that that beer won't be cheap for you...specially for those who is living outside of China...
It will cost you more considering your travel expenses to get to China...
Ask the Chinese local if that beer is really cheap or not.
Sure there are many millionaries, there but Do you know how much an average Chinese people make?

you can't compare the living standard between China and Canada.
John--I know you are doing a good job but I m kind of surprised that you can not read Chinese--Don't forget your culture. Can you at least speak Chinese? Can you daughter speak?

I can speak Cantonese.My family landed in Canada when I was seven so I never went to a Chinese school. My daughter can speak Mandarin.

Prices in China Rocks. In India many people buy Chinese Electronics.

thats because they dont like beer...

This sounds so great, 40cents for bear! China is a paradise :)

I think they are having shopping paradise for tourists there.That's great for those who adore shopping.I can not say anything about beer.This drink is not interesting for me.I'd rather buy many cheap books and read them upside down.

Very cheap john....cause deviasi of curse dollar, time to shopping

wow! what are you doing in Shanghai John? I maybe in shanghai next week if you are still there

Ya, I will still be here.

John, enjoy that .40 cent beer! I WOULD KILL FOR THAT!

What video editing software do you use?

I use iMovie 09 and a Flip Mino.

I've several Flip Minos and they look great on the Flip software and pre-viewing on the hardware. But when I upload the videos online they tend to go really fuzzy! So is it the Mac or is there a trick I can do using Windows? I use the software that comes with the Mino and also use MovieMaker...
Suggestions?

Surely John has someone else film

Maybe it's sally :)

Seems like you travel all the time -
I think it's time for a 'travel' category :)

Next thing you know Conde Nast Traveller will come calling!

LOL!!

"40 cents per beer...."

*camera switches to John filling cart*

By the way John, how do you film?

I've always wondered how you can get videos of yourself while on the move and not holding the camera.

Is someone filming for you?

Sometimes I film myself. Sometimes, someone films me.

A flip mino makes all the work easy I guess?

I cant wait to go to China in June I am going to be wasssteeeeeddd :D

What the hell is with the Hagen Das though? $10!!!! Thats a rip off!

Cheers for the vid John

Well, someone must be buying it for it to be stocked up on the shelves there.

Yea it's a curious question, how do they profit? Are they fine with just making pennies?

Of course they are happy making pennies, my dear The Blogger Source you have to remember that the cost structure is astonishingly different from Western structure.

damm dude 40 cent for beer man China sounds like heaven on earth :)

the price might make people drink more but there are consequences.

a friend of mine is doing some overseas work in China right now at a major hospital, and sadly, a large majority of his patients have liver cirrhosis which is a really bad affect from drinking large volume of alcohol.

40 cents for beer? Unreal. Make a video after you drink the entire case. lol

He was just showing off. Naturally John put the case back after filming stopped.

That's what I thought too.

I don't see John as too much of a beer drinker.

Ha agreed. I thought the total same it was all for the video, he put it back and got a nice box of chinese tea and some biscuits :P

haha..priceless.

Please. You think I would pass up 40 cent beer? LOL

What are the chances that the book was "pirated"?

I doubt that Buffet's publishers are selling the book for $5 anywhere.

The book was legit. That should show you how much mark up there is on some stuff.

not that I doubt you, but can you elaborate on how you know the book is legit?

I have been to Asia and been able to get "legit" medical text books for a fraction of the American cost (one book costs $200+ in the US and I paid $30)...it was not until I got to the middle of the book when this "legit" book had a few pages missing/upsidedown or with runny ink...It was not until I emailed the publisher to complain about this problem when I found out my "legit" copy was indeed a pirate with really good cover and pages (minus the missing part - just hope I never have to do surgery on the missing topic lol)

Anyways, looks like a cool trip that hopefully I"ll be doing in a few months. Look forward to all the places you see and share with us!

Publisher has to compete in the market they are in. Other business books are priced at around $5US so Snowball has to work in that price range if it hopes to sell well. The place where the video was taken isn't one of those street vendors. It was a big Asian shopping chain with outlets through out China and Taiwan. If it was from a street vendor, then I wouldn't be so sure.

wow..thats really crazy. I know the same edition on Amazon was selling for $35US (soft cover asian ed)...you could really make some money flipping a bunch of copies on the internet and then get some cheap beer and ice cream with the profits! lol....

I agree with Aman.

I've also been to Asia, and 95% of the stuff they sell you as legit actually isn't.