Unlike most Americans, many Chinese still like to pay for things in cash.
Whether it be some fear of banks or a simple desire to avoid being in any sort of debt, many Chinese, like the guy in this article, are even willing to purchase a vehicle with cash instead of getting a loan.
(link)
Sun Tzu has spent about 7 years in Asia traveling through Japan, Hong Kong, China, and Korea. A true fan of everything that is weird and strange, he decides in the end what is displayed and published on this site. Sun has previous experience writing for numerous print mags such as XLR8R, URB, and Movement Magazine.
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darkwing duck
lol
Scrooge McDuck
Where did he hide all that money?
Ed
Those are 1 RMB notes…. Thats why it looks like so much.
Ha! Must have pissed off the dealership having to count it all!
GZ Expat
And, he paid with all RMB1.00 notes!?!?!
mizz_t33
lols!!
shooter
stick em up
starboykb
he should have change the notes. Probably he think nobody will suspect he carried the box fill with money.
Gabiechan
damn…..
ah sha
haha, we did that too, but it was $40,000 worth of AU$100 or $50 =-=’ wrapped in newspaper, ,,,
Sultan_Azteca
There is one reason why China has a trade surplus and the US and Europe have hefty deficits… by staying away from debt. Pay all you current wants and needs with nothing but your current means… I guess Confucius must have said that.
Jim
He works as a toilet attendent and saved up over ten years worth of tips for his deam car. Thats why they are one RMB notes.
Misósofos
The size of the cash is almost like that of the car LOL
me
I have 20$, how many of these cars could I buy?
darkwing duck
The same amount you can buy in the usa
O’Neil
Those cars are not legal for sale in the US as they wouldn’t pass any emissions or safety regulations but I think the prices translates to Around $4,000 vs the $20,000 the 40,000 USD US cars cost.
So if cars that cheap were for sale in the US then people would pay cash for them or just buy it on the credit card.
But still that takes commitment to save that much that way since the average yearly wage in China is only around $700.
Still people in the west could learn something from them in that maybe they should put money away in a bank and save for something vs getting a loan.
Debt is not a good thing since it forces you to always make monthly payments and you end up working for that debt vs yourself.
hcg
That they don't have anything to do with banks doesn't mean that they don't have loans with other people or mafias.
cromagnum
They don’t have bank drafts in the PRC?
Gaz
Seen this at a dealership in wuhan, the guy just kept on passing bundles of 100RMB notes through the window to pay for the car like he was buying a shirt.
sdf
4-10k worth of ones..hourly pay well earned.
Bert
Now that is what I call a stripper wad…
Maria
I admire his ability to save up for his dream car. Life has so many ways of taking away a savings. Good for him!
aznjimmeh
those are definitely NOT all 1rmb notes, the green ones are 5’s and the red ones are 100’s they barely make 1rmb notes, most 1 rmb’s are coins
joseph
If i remember correctly $1 RMB is purple note,
Thakker
Inflation will eat him alive if he continues to put cash in his walls. He shouldve time deposited his cash or something.. the purchasing power of that amount will not be the same when years pass
Victor Ward
Wow… He should go to the black market to get a better rate for his RMB$1….What a jerk…
Taufik
its very funny. maybe in few day he finish count money. and get the car. its very long time to get the car. How about if he want buy a ferrari car? How much box to bring?
Matty
Testing the new company fake note checker. ^_^
Oh, and I always see those 1 RMB notes, 1 RMB coins are sort of rare in comparison, maybe just since they’re not very convenient.
By the way, does anyone else think the money on the desk seems to be more than would fit in that box?
ching chong
I lived in Hong Kong for two years in a newly renovated 400 sq ft studio flat. My next door neighbors (nice Chinese family), lived in a 400 sq ft, unrenovated flat, with two adults, two grown children and a big dog.
mantra5
Whats youre point? My wife is Chinese and her family are debt free and enjoy themselves, while on the contrary my parents are pretty much in the hole. I take note of my in-laws lifestyle. I look up to my in-laws because they teach me a lot about retiremnt funding and are vry nice. We went to Hong Kong with them and the people there are very good people. My point is I think Chinese use common sense more and emotion less.
Uncle B
Usury is not alive and well in China! Chinese are not the same fvcking fools Americans are! They can count past ten, and work percentage problems in their heads, and have not been lulled into complacency by Advertising's high commissioned propagandists! Beware America! This nation has basic habits of your forefathers, and live by them!
beats by dre store
lived in a 400 sq ft, unrenovated flat, with two adults, two grown children and a big dog.