Posts Tagged ‘Big Macs’

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    Chinese Big Macs

    Oct 21, 10 • 172 Views • International Trade and FinanceNo Comments

    At 14.5 yuan or $2.18, a Beijing Big Mac is cheap. In the U.S. the price is closer to $3.71. As explained by The Economist, we just need to know about the Big Mac to know what the yuan should really buy. Dividing $3.71 (a US Mac) by 14.5 yuan (Chinese Macs)