Replies to post #30683 on China Growth Stocks

[Rames]

SOKO - wow, that's some expensive Spa & Beauty Salon...

From that presentation:
- typical customer spends on average $147 per visit
- routine facial service costs up to $1,912

To compare with average salaries:

- Annual disposable income for residents in Shanghai US$3,200 per person, which is 8 percent more than last year
- new college graduates were paid 2,169 yuan (around 300 US dollars) per month on average in major Chinese cities.
- Masters degree graduates were paid on average 2,853 yuan (a little over 400 US dollars) per month
- PhD graduates earned 3,878 (around 540 US dollars) yuan per month.