Tuesday, January 20, 2015
A different world
The annual salary of Xi Jinping, the president of China, about 5% of Obama's salary, $22,000 vs. $400,000. Note that this is below our median wage of $28,031. It is also less than that needed to rent an apartment in Beijing. While Obama gets housing, entertainment, travel, use of a vacation home as part of his compensation, Mr. Xi has to be satisfied living at a leadership compound in central Beijing, or he can spend the night at the Xi family home, a grand traditional walled compound in the fashionable Nanlouguxiang neighborhood. And he might find a better deal at the tasteful and leafy Guanyuan complex, considering his older sister and brother-in-law were the property owners.
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