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It’s not a matter of belief - cost of rent and food in Chinese cities are 50-70% lower than US cities. There are hundreds of sources that will confirm that.

https://www.numbeo.com/cost-of-living/compare_countries_resu...

China’s food policy is also well documented https://en.wikipedia.org/wiki/Food_policy_in_China

You can't live in area without the permission of the Government.

This comes up every. single. time. It's so undifferentiated to be basically misinformation. Huji, household registration has existed in China for centuries. The modern form, hukou was designed to control mass migration and rapid urbanisation which is, with a population of 1B, understandable if you want to avoid clusters of slums with populations in the millions. Besides, they are lessing this more and more since 2012.

https://global.chinadaily.com.cn/a/202312/05/WS656e7f76a3109...

with their new leader

New? Xi Jinping has been leading China since 2012, that's almost 15 years.

Not to mention buildings last maybe 25 years before they start falling apart. Compared to 70 in the US.