There’s an idiomatic express that seems to have fallen out of common usage: “What does that have to do with the price of Tea in China?” The phrase indicates that they speaker has no interest or use in the information you’re conveying. This video has me curious as to what the price of one packet of dried ramen noodles goes for in China.
China seems to be having an unenviable bout of stagflation, with both unemployment and inflation rising at the same time. (So, for that matter, are we, though not as severe, and one which our elites controlling economic data seem determined to hide as much as possible.) In the video, people are complaining that packaged ramen noodles are going up from 2.8 to 3 yuan. (An online Chinese retail price tool puts it at a statistically indistinguishable 2.98 yuan.) At official exchange rates, 3 yuan is about 41¢.
Back in the days of being a poor college student, I could generally eat on 20 dollars a week. Rice, spaghetti, luncheon meat sandwiches, hot dogs and ramen were regular staples. Good ramen (Maruchan or Top Ramen) could readily be found five for $1, and the generic brand (back then they had literal generic brands with plain white packaging) could even be had for 15¢ a pop.
Those days, of course, are long gone. An individual pack of Maruchan Ramen is now 30¢ at Walmart, or 31¢ at HEB.
I had always had the vague impression that China exported ramen to the U.S., but Maruchan is actually packaged just south of San Antonio in Von Ormy.
It’s surprising to me that ramen, the college student survival staple, is actually more expensive in China than here, despite average Americans being much wealthier than average Chinese.
It must really, really suck to be poor in China right now…