Vegetable Prices Soar in Beijing and Shanghai; Chinese Can’t Afford Even Greens and Cucumbers
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- เผยแพร่เมื่อ 16 ก.ย. 2024
- One blogger shared an even more shocking experience at his local vegetable market, where prices have become unbelievably high. Cucumbers, which used to cost around 2 yuan per half kilo, are now selling for nearly 8 yuan. In some places, two cucumbers are priced at 10 yuan, and in others, eggplants are going for 15 yuan per half kilo-over five times their usual cost. The most surprising increase is with spinach, which has surged to 19 yuan per half kilo.
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Somehow I doubt the farmers are seeing any of this extra cost.
floods and droughts destroyed many vegetables
Organ Leeks
@@gametri-eq6lj and ccp did NOTHING reduce the flood.
@@gametri-eq6lj I'm surprised there are any veggies, after the reports here, I got an image half the country was baking and half was under water
The police did not allow the machines to harvest on time and because of that, they rotted. Furthermore, the police gave many fines to farmers because the police used uncalibrated scales to weigh 5 to 10 tons more than the actual weight.
Many people stole many crops a few days before harvest or when they saw a harvester.
The government ordered to destroy many crops because they created a new license to be a farmer and if the farmer didn't have the license they cannot make food.
The government has made a new map of zones that can grow food, and each zone can only be used to grow one type of food. Many vegetables were destroyed because they were the wrong vegetables for the area.
Between flooding and droughts, the rise in the price of vegetables is not surprising!
Then why do they have all that expensive infrastructure for? That is literally the point of it. Or could it all be tofu projects?
@@ryanreedgibson they make the buildings so you can eat them obviously
And the starvation begins 😔
Why is this news because the whole country has been decimated because of the flood.
This price rise is going to escalate to levels that are simply unfathomable.
China is on the verge of MASS (millions) STARVATION 😭😭😭
😢
Can't they ask India for help? they have a huge population as well?
Flood can't be blamed its simply due to greed flation it will priced even higher in future year despite the surplus of supply
almost a hundred million jobless too
Welllllll... any normal country could. But this is china. And the (awful) ccp is too arrogant to ask for said help. @@user146n
A random CCP member: A starving population is easier to control.
The rest of the party: You're a genius!
Unfortunately the same thing is happening in the US right now too.
Subway trying to get 20$ for a footlong these days.
Patriotism of Xinnie PorkPooh #slopaganda #misery #shillbroth #tubecensor
- With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
-Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing
-Tofu Exports and Western imports, accounting for 37% GDP, are down.
-Foreign investment is falling over 90% compared to it's peak in 2018.
-Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left.
-Consumer prices and pay are experiencing hyperstagdeflation while necessities are undergoing hyper flation.
-Youth unemployment hits over 21% (in reality 75%+ after eliminating faked numbers), a record.
-It's fast shrinking workforce is 10 years old than neighboring countries.
- During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times.
- It has printed more money than the US and Japan combined, while it's economy is only half of them.
- Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg.
- This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE.
-- in the future house prices will drop to 10%, youth unemployment will be over 90%+ without streams, and middle class people over 35 will all be laid off with pays trimmed in half.
How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 1-2 dollars while you drink Poop Water and eat gasoline cooking oil while the Party and Porkpooh eat Tegong Special food supplies.
Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card
Arctic Catfish Shenzhen: laughs at how Leeks feed her
Fei Fei Li the AI Spy and stealer-Has ties to the Party with Tsinghua University
WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
What nonsense is this? A hungry man is an angry man. An sngry man can become an angry mob if there are other hunger men. Everyone knows this.
@kamsunleong6648
It is not nonsense. If you have 1.5 billion people.. you can control that with 5-10% of the population with govt powers. If everybody can be bribed with just food.. you won Control-opoly.
Few things matter more than food in China, India govts etc due to population but that doesn't mean shortages will be bad for the govt.
@@kamsunleong6648 From 1960-1962, an estimated thirty million people died of starvation in China. Where was the angry mob?
I love vegetables. I live in Alaska and pay good money for them. Safeway has been giving me coupons for $20 of free vegetables and fruits multiple times a month, I'm so grateful. I think that it's to reduce food waste, at least people are eating them instead of letting them rot.
that's really cool for safeway to do that! i hope you can give them business for your other grocery needs 🙂
They are the nearest store to me, less than a mile away. Some people claim that that they are expensive, but that are obviously not shopping the sales and using coupons. I know that they're a huge corporation, but even their organic food is relatively affordable.
Food waste is a huge issue in America, it's so sad to see many pounds of fresh produce rot simply because it is unaffordable.
@@Someone-kg8qfreally is the ccp also destroyed crops to stop vegetable over production before the drought and floods happened
I have a huge 50 kilos carrot bag from my beautiful México. So many fruits vegetables and meat. I have little money but definitely not starving. I will never complain again
Sell some coca and become the boss
@@Tonyscasa NEVER
Same here in India. We are not the best country in the world, but just 30 years ago death by starvation was so common, when today it's nearly unheard of , as the govt provides rations , and temples and gurdwara provide free meals . I live in a rural area and get fresh fruits and vegetables. My life is such a blessing that I should be so much more grateful for
A carrot bag doesn't sound very nutritious. Perhaps you could add some plastic bottle tops to provide more roughage...
@@tedthesailor172 🫤 sire
all the idiots in the comments: "Geez I wish food was that cheap for me"
Do you guys not realize that your money isn't a 1:1 exchange with theirs?
To put it into perspective, that woman at the start makes about $420 USD a month... now put those prices into consideration... you're way better off now than she is.
Thank you for this comment. Sure shows how wide spread idiocracy is. Jeez
Well the prices are almost at the same level at central Europe. But i recon she is not living alone otherwise she wont be able to even pay the rent. But yea people look too much at the numbers. Thin is the prices jump to more then double at the time it should be cheaper. Also people forget many families dont have almost no extra income and already spent everything.
额上海中位数收入是1000美元左右。😅
@@katthefantastic This is why I wish hulk hogan would win as president, so he can fullfil the prophecy of mike judge. Get it over with. Lot of these conservative boomers, don't realize the world outside their bubble.
@@koilamaoh4238 TRUTH
sometimes, the Road Warrior in me just says, F it, let em have thier Idiocracy. 🙄
Well, you know xiniee the pooh won’t miss out on a single meal.
People complain even when their stomachs are full. Send all these complainants to places like South Sudan or Haiti or Madagascar. They will stop complaining about vege prices.
Tegong special food supply be challenge #theskydontlie #cmilkforpresident
Food prices in my state have decreased after we discovered a price increase collusion among the multi-national companies.
Spot on analyzing! Yes
Very interesting! Do you mind giving your general region? Did your region’s attorney take action against the colluding companies?
@@josiechaney9010 🤨yeah, I went right up to the ceo of Kraft and gave em a right piece of my mind😕
What I hear from Thailand, China dump vegetable into Thai vegetable market and sell it cheaper than local farmer cost to produced it.
Right Thai sme businesses are in big trouble due to the cheap goods from China. Thai government radio programs also begin to refer to this problem. I wonder how the new PM can deal with it. Thanks
Yea don’t let them flood your country with their bs cheap goods!
So I guess abusing your farmers has an unwanted effect on prices. Who would have thought? Way to go Pooh.
It is not only the chinese, europe is buying farms to put windfarms and removing tax incentives, same insanity different idiots.
Prices are determined by supply and demand . On the weather as well. Despite his power he cannot control the weather or eating habits of the citizens. If prices are high, they just have to eat less or something else like. Until the supply can match the demand.
@@kamsunleong6648 prease speaca ing engrish
When the price is raised in a terrible economic situation, it is telling a situation where somebody doesn’t want to see deflation.
the ccp hired a bunch of people to destroy crops not knowing of the later drought and floods
CHINA IS NOTHING WITHOUT WESTERN TECH AND MONEY!
Western tech is overhyped. Nada csnt even bring back their stranded astronauts. Their tech cannot hrlp them build a single line of high speed rail. The UK once a tech powerhouse can't even launched a rocket. Their latest attempt blew up on their spaceport in Shetland. China don't borrow but lend. One of their biggest borrower is also the richest country in the world.
True
Well the farmers arent getting that money
These prices still seem cheap to me. Inflation on healthy food in the west has been ridiculous over the last few years. I don't imagine they will get any better in the future as more and more crops are destroyed by bizarre weather patterns
are you stupid
they’re cheap because you don’t make 400 a month
It's expensive to them because they only make about $500 a month or $17/day. Rent and utilities are already expensive and now inflation in food, they can't survive. Not to mention other expenses like doctors, medicines, schools, etc...expenses.
Imagine making 300 dollars a month and a apple costs 4 dollars, I’d go apeshit
Thank you to the commenters for their injection of context and reason. 🌸☘️
In Australia, cucumber 🥒 cost AU$5.99 p/kg = ¥597 p/kg.
Well yeah but Aussie mks more
when you adjust to average wages in the respective countries. 10 yuan is a bigger percentage of the average Chinese wage then the $5.99 is of the average Australian wage.
Converting that to my local Currency. I get 159 RSD/KG or 1.6$ for 1KG of Cucumber.
Dude you just changed it into JAPANESE YEN not CHINESE YUAN😂😂😂😂
1 jap yen is approx 1 cent AUD.
1 Chinese yuan is approx 20 cents Aud. Your calculation is 20 TIMES too big lmao.
It's approx us paying $30/kg for cucumber fyi.
Exchange rate is 7 Yuan per USD... I'd LOVE to have 3/4 pounds of green beans for 50c
How about having same income as the Chinese to buy the food you need.
The lady in the story that complains being able to afford a meal has a salary of 3000 yuan per month. So that's a bit less than $430 USD per month. Would you accept that salary along with the 3/4 pounds of green beans for 50 cents?
Wish had those prices in Canada…
Strengthen your dollar
you gotta lower your minimum wage then
@@gametri-eq6ljhahah that doesn’t make sense, our grocery owners have been making record profits, it’s called price gouging, if a company can’t afford to pay the minimum wage they shouldn’t be in business, someone else will replace them if they leave!
@@gametri-eq6lj 🤣
That's US prices 15 years ago.
the women in the video makes 420 a month
so you wanna make $12 a day and work 10 hours?
That's ridiculous. Where in the US are you paying $5 for cucumbers?🤔
That's how region prices work brother, Your abject poverty in the US earns the same as a middle class person in Philippines.
@@DummyDumDumb no one is complaining, brother.
West Taiwan flourishes even more lol
Now there's probably some busy Chinese scammers trying to figure out how to make fake cucumbers.
Tofu dreg economy 😂😂😂
Heavy rain and flooding...
Xi
And forced dumping food (due to Covid-19), no one dare say this?
In addition to poor weather there is a shortage of farmers since the surge to industrialisation . CCP would like surplus factory workers to go back to farm labourer
China should start adopting indoor vertical farming practices....
hope the government doesn't find a way to sell breathable air and raise the price on it...to stimulate spending... 😞
Let's see. Beijing has got rid of thousands of miles of farmland, what is traditionally known as their "veggie basket" in southern Beijing, in favorite of building more ghost towns. Shanghai did the same to their farmlands to the west and southern part of the city. The entire nation continues to pave concrete over farmlands in the name of "progress". And the people are surprised the food prices have skyrocket?
You should see food prices in America, ....Califonia .
People make a far large income then most in China. NO comparison.
@katthefantastic What income? White Americans lose their job because of affirmative action to hire foreigners in south America, Caribbean island and Africa. No comparison indeed.
@@tandelta6843 you're overdosing on truth social again dude. Wise up magat.
the rural farmers are rolling around ini gold and silks 🙂(not)
wow i did the exchange rate and the prices still sound pretty awesome to me. i recently got 1 funnel cake at a street fair for 15 dollars..so 107 yuan. that could buy a lot of vegetables! [but then the speaker said she only has 3000yuan/month to spend... so i guess just doing currency exchange rate isn't the ideal way to compare "good" prices]
This will get worse. The Yuan is valued at about 7.2 to the dollar. It will eventually be valued at 21+. That is a 3X.
That's if the CCP lets it. Remember, China is a currency manipulator. The yuan doesn't free-float.
@@pyrioncelendil. Chinese are CCP and CCP are Chinese. How is China's Uyghur Halal Organ Harvesting industry working?... What is China's Human Flesh Capsules making industry?... How many million Uyghur children have become a part of China's Human Flesh Capsules?... what is China's gutter oil?... what do you expect from gutter oil eaters?...
They used to have issues with deflation; now it's inflation. That's been going on around the world so it's not really that bad. What's worse is buying expensive food that is tainted, dyed or toxic.
You got to remember that woman in the beginning, she gets 3,000 yen a month that's only $420 us, so for 10 yuen at $1.40 American a pound for vegetables (my math could be wrong I usually am lol) is very taxing on just a $420 monthly income because you have to eat at least twice a day and if you got kids, spouse or elderly parents to take care of also. I don't believe China has welfare services like food stamps welfare etc etc
Even garbage cooking oil is 6 dollars 😢
Prices keep going up but quality keeps going worse. China quality at its best.
Don't get it. Wasn't it just a couple of weeks ago that reported watermelon market price crashed & worthless. Many farmers crying etc. What is real?
Food is free when you grow it yourself, altho it might be difficult to cultivate over there without an environmental bubble greenhouse
Too many floods and droughts. Sad situation. Poor common people.
Government officials need revenue. Probably taking a cut. Ain’t the farmers making the profit.
When I do the price conversion in my head I think that all the produce at the inflated price is super cheap compared to what I pay in the US.
These are western prices... western Taiwan is meant to be a superpower, not a third world so now it's time to pay
No more square watermelon for them.
I live in Shanghai and prices of vegetables are ridiculously cheap, the price raise is not permanent since there were floods and this page is making it seem like the apocalypse, literally half of the world has people making 400usd a month or less with same or higher cost of vegetables than China. By the way I just bought groceries and they are still cheap 1usd for 500g of chicken and 50cents for 1kg of potatoes, nobody will die if don't eat spinach for a month
Flooding has to cut into crop yields with as much of it as they have had. Here in Iowa, it does, and we never get as much as they seem to be getting.
I actually say this is more corruption along with forced price floors. Why? Because farmers themselves aren't making any money, so who is getting all the higher prices? State sponsored distributors who can buy cheap (to the point farmers barely make money), and can legally sell at high price floors, while taking the money in between.
Prices always go up between June and September and then fall to original prices.
The weather plays a big part in prices.
The areas mentioned in this video are regions that have been affected by drought and flooding.
Shanghai and Beijing are expensive cities.. If you can afford to live in those cities then you can afford to pay the prices.
I work in the South and prices are not as high as in the North. I can afford to pay for the veg mentioned in this video and have not noticed price rises. And I only live on a U.K pension.
Then look at the prices in the U.S or U.K and how many people are struggling to buy food for their families and having to rely on food kitchens.
Edit. I just went to a supermarket today and I could buy a pack of three eggplants 600 grams for 5 RMB. a pack of cucumbers 750 grams for 8 RMB. Potatoes. 500 gram for 3.6 RMB.
I don't know how the Chinese can trust vegetables that only cost a cent each. More often than not, seems anything too cheap is soaked in chemicals.
Supply and demand . Who decide and how they got data to calculte. This china we talking, how they get data. The wholeseller or direct farmers.
That fruit looks better and is way cheaper than the U.S
Earth 🌍, the ONLY planet in the universe where it's citizens are forced to pay to live on it.😮
I'm just a full-time Son with a monthly salary of just 100,000 yuan a month.
So all these vegetable are so cheap.
How much of this food will rot before it can be sold then tossed away while people are going without basic food stuffs
ahh yes.. price hike.. but how much those goods buy from the farmers? are those farmers also get rise in income?
WE ARE STARVING TO DEATH IN THIS COUNTRY 🗣🗣🔥🔥🔥🔥🔥🔥🔥
Still cheaper than inflation in the US. Produce costs much more in the US.
That's due to price gouging, and corporate greed.
Not really inflation when they’re still making record profits, it’s just price gouging blamed on inflation!
Well you have to understand how the policy choices of the CCP impact the price of vegetables and pork.
First was the CCPs willingness to engage in and escalate trade wars which have reduced availability for imports of vegetables as Beijing retaliates against foreign countries whove had enough of China's protectionist policies.
Then there is Chinas drive for food security which has led to more land being planted with soy, corn and rice. This has led naturally less land being planted in vegetables which further reduced supplies.
Now you get to this year where by there is a drought in the north and excessive flooding in the south which further reduced supplies.
As a consequence its a sellers market and buyers a forced to pay more because if they dont somebody else will.
Furthermore China has has another flare up of African swine fever which has forced culling of the pig herds.
Again this is compounded by the CCPs trade wars as fewer nations are exporting pork to China.
Lastly inflation outside China has been running hoter and this has driven prices for what imports are going to China even higher.
The whether is only the straw on the camals back, the bulk of the burder was placed on it by CCP policy.
What the heck is a kilo?
1/300 the weight of you mama.
@@Wes-x9p holy crap vegetables are expensive in China
I WISH the US had these "high" prices. The economy would be soaring like a rocket. Oh wait, we don't have enough workers in the country for the economy to soar, which is why inflation rates were raised to put the brakes on job growth. The workers were able to keep demanding higher wages and that had to be stopped.
Vegetable prices are 2 - 3X the cost as these HIGH prices in China. 7 Yuan is roughly 1 USD. Green beans will cost between 1.50 - 2 USD/lb, which is slightly less than 1/2 Kg. The woman at the beginning said green beans are 4 - 5 Yuan 1/2 Kg, so roughly 2/3 of 1 USD for a little more than 1/2 lb. Yeah I'll take that price ANY DAY.
So 2 months ago they were dumping 🍉 on the side of the road?
5 or 6 months ago they were showing footage of people ransacking farmers fields and crops. With no repercussions for their own actions.
In CA one cumuber about 99 cents to 1.29
how is that possible they export vegetable to our country and its relatively cheap and it even threatens local farmers becuase our local farmers cant compete in price.
Uncle Xi's hospitality 😊
Come to the UK, one cucumber costs: 8.05 CNY :D
I live in northern Thailand and the bulk of the vegetables sold in large chain-stores here all comes from China... We have not seen a rise in any vegetable prices in years... So why would prices rise rapidly in China and not for Chinese exports of vegetables? I am starting to doubt the veracity of the claims made on this channel as many are simply not true, this being the latest example...
Thailand's Baht is a full participant of the International Exchange while China is not. Also what is happening with prices in China has to do dead weight loss levels that are out of control including domestic goods.
Do not eat anything from China
it's All TOFU
It's called dumping. Excess produce in China exported overseas to stabilize their own domestic market. They no longer have to worry about deflation now.
I read some more TH-cam videos on China and come to the conclusion that they have switched from buying vegetables to EVs.
I read some more TH-cam videos on China and come to the conclusion that they have switched from buying vegetables to EVs.
Now I can get a Chinese mail order Bride cheap. 🎉
No way dude they are still demanding a list.
all these videos keep repeating the same thing over and over. this video could have been like 5 minutes long
You can't get that kind of meal for 8 bucks in the u.s. maybe 12
When I went to China it was Xi'an that was all the rage, after Beijing that is.... A waiter said straight up: Xi'an is to NYC as Beijing is to DC, obviously that was back in the day by the #s I guess...
Not so sure about the part where China is facing hard times as I saw many China tourists coming into my country for holidaying and some are so interested in the 2nd Home programme here in The North Borneo Land..
when I was in college a long time ago, I made friends with many students from china and elsewhere in southeast asia. back then, I thought everybody was my peer. that everybody came from middle class families. I found out later when I went overseas after graduating in the usa and becoming a foreign student that MOST of those who are foreign students studying in the usa come from wealthy families back in their home countries. what does that mean? that means most of those who travel are from more well to do families. china has 1.4B people. you are going to have at least 1% of these people who are rich. the same applies to all countries. some people are rich and the majority is poor. those that you say are vacationing in brunei looking for homes are probably from wealthy families. travel a little around the world and you will come to know this.
Of course in the larger chain grocery stores things are expensive. Go to a roadside vendor for fruit and vegetables and they are reasonably priced. I have been living in China for 9 years. It is one of the cheapest places for produce, if you shop smart.
blame the CCP
Dude I live in China this is base on the city they live… must people live in the 10 international city that are expensive compare to normal city… is like living in London and compare just 1 hours by car outside London the price difference is massive
The solution is simple - plastic cucumbers...!
And they are laced with heavy metals to boot.
Yeah, veggies are pricey because you can't counterfeit them, lol
Farmers have to rebuild their savings after CCP officials have taken ALL of their money. Or after they had to return to the farm after their factory layoff.
I just watched a video about how people are starving to death in China
They planted many buildings this past years.
The time has come the walrus said to talk of many things 📃...Change is here my friends. Stay frosty
Could city-dwellers find a way to grow some vegetables at home? I see many hi-rise apartments have a space outdoors like a small porch. Can people buy seeds? Any container with drainage holes will work. Many vegetables are easy to grow in containers, such as lettuce, greens and in a larger container tomatoes, cucumbers and green beans. This is far better than going broke shopping for food. Also the food you grow is free of chemicals. It's a win-win!
You're not alone.
Because all your vegetables are ecported to Philippines or smuggled to Philippines like apple .upo ampalaya mangos onions garlic melon etc thats why vegetables in china risings
Last month it was reported that watermelon farmers were throwing them away... Which is true? 🤔🤷
The market can only absorb so much of a product that had been produced in excess. Too many farmers harvesting at the same time competing for a limited market.
I’m mad as hell!!!
All the food wastage and destruction of crops from years past are coming home to roost in today's soaring prices. I suspect a high possibility of widespread starvation in rural China in the coming months. Winter is coming.
How many yawns to the dollar one customer was caught doing press ups on the cucumber counter 😂😂😂😂😂😂😂
Thank you buddy
they say .....soysauce flavored cardboard is cheap
It's not that bad
Depopulation
the price is up everywhere not just in china
Always have a food garden. Be prepared for things such as these
😂😂😂
I feel ya chinese bros, price rises here is oz are hurting too. Shits fucked everywhere.
Under Biden and Kamala the US has also seen disastrous inflation
I'm pretty sure Biden didn't cause flooding in China lol.
Who's eating fruit?
Same here philippines due hyper inflation rate like 1000 pesos per sack of rice. 😤😒🙄
The fast boom and bust economy.
Is it time for the great leap?
😂😂😂 TEMU VEGGIES
Some of that stuff you can grow yourself. Even if you got limited space. 5 to 10 gallon pots with decent soil. You can grow all sorts of veggies and fruits and herbs. Get yourself a good dehydrator and learn how to preserve it as well.
Nope can't do that, the ccp has been cracking down on that as well. I can tell that you're not versed in the policies and whatnot the ccp has in place so... I'll give you massive leeway. Every country is different
Well that’s not good. I guess I can count myself lucky that I live in the United States.
Id pay 9 usd for that train box meal.
I'm a little confused. Some videos talk about massive inflation in China, but others talk about rapid deflation. Are these happening in different parts of China? Or is it affecting different products...?
Im really starting to doubt this channel, so many conflicting statements, i just want to see what is currently happening in China, not a bunch of speculations.
None is true
heavy rain and floods recently hit china
It's both. Deflation in the value of the currency and inflation of the goods.
Crashes are in inflation period followed by extreme deflation. It is one of the favored planned ways to destroy economy. Pump and dump..