Since June, Beijing has dropped six places to become the 59th most expensive city for expats to live in worldwide, whereas Shanghai was ranked 42nd. Hurray for us?
According to the article, "the biannual survey compares over 400 prices across 160 products and services in an attempt to give a true representation of the cost of an expat lifestyle." Hong Kong was ranked the most expensive place to live among Chinese cities, at No. 22 worldwide.
Photo by doug.siefken via Flickr