Money
How far your salary can go after paying the rent
Sweden has a 57% income tax rate, but the average salary in Stockholm goes a long way, even after paying the rent. But try paying the average rent in Hong Kong, on an average salary, and you’ll find yourself very quickly in huge debt.
PUBLISHED : Saturday, 11 February, 2017, 10:40am
UPDATED : Friday, 17 March, 2017, 5:53pm
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![Silicon wafers at a semiconductor plant. China is looking to upgrade its semiconductor industry to global levels in a bid to become a hi-tech powerhouse commensurate with its economic might. Photo: Shutterstock]( "Silicon wafers at a semiconductor plant. China is looking to upgrade its semiconductor industry to global levels in a bid to become a hi-tech powerhouse commensurate with its economic might. Photo: Shutterstock")
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![Financial markets must wake up to the damage and havoc wreaked by this US-China trade war]()
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![The Vietnam war, fought over nearly two decades from 1955 to 1975, took four US presidents to untangle. Let’s hope this unwinnable trade war will not take as long]( "The Vietnam war, fought over nearly two decades from 1955 to 1975, took four US presidents to untangle. Let’s hope this unwinnable trade war will not take as long")
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![Australia, the canary in Asia’s trade coal mine, may rue its slow escape from China’s sputtering economy]()
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![Financial markets must wake up to the damage and havoc wreaked by this US-China trade war]()
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![Silicon wafers at a semiconductor plant. China is looking to upgrade its semiconductor industry to global levels in a bid to become a hi-tech powerhouse commensurate with its economic might. Photo: Shutterstock]( "Silicon wafers at a semiconductor plant. China is looking to upgrade its semiconductor industry to global levels in a bid to become a hi-tech powerhouse commensurate with its economic might. Photo: Shutterstock")
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![The Vietnam war, fought over nearly two decades from 1955 to 1975, took four US presidents to untangle. Let’s hope this unwinnable trade war will not take as long]( "The Vietnam war, fought over nearly two decades from 1955 to 1975, took four US presidents to untangle. Let’s hope this unwinnable trade war will not take as long")
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![The Export-Import Bank of China says it will boost lending to small companies as the trade war with US cuts export orders and rising costs erode profitability. Photo: Imaginechina]( "The Export-Import Bank of China says it will boost lending to small companies as the trade war with US cuts export orders and rising costs erode profitability. Photo: Imaginechina")
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![Australia, the canary in Asia’s trade coal mine, may rue its slow escape from China’s sputtering economy]()
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![Taiwan Air Force F-16 fighter planes, which are covered by the proposed new arms deal. Photo: EPA]( "Taiwan Air Force F-16 fighter planes, which are covered by the proposed new arms deal. Photo: EPA")
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![Agreements with Japan and Australia have already been put in place by the Overseas Private Investment Corporation]( "Agreements with Japan and Australia have already been put in place by the Overseas Private Investment Corporation")
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![Members of the Hong Kong National Party hand out leaflets to the public. Photo: Sam Tsang]( "Members of the Hong Kong National Party hand out leaflets to the public. Photo: Sam Tsang")
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![Andy Chan Ho-tin, convenor of the Hong Kong National Party, leaves the Foreign Correspondents' Club. Photo: Sam Tsang]( "Andy Chan Ho-tin, convenor of the Hong Kong National Party, leaves the Foreign Correspondents' Club. Photo: Sam Tsang")
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![Both sides will find it hard to step back in the confrontation over trade and the result will be a world divided in a deja vu of the old cold war days]( "Both sides will find it hard to step back in the confrontation over trade and the result will be a world divided in a deja vu of the old cold war days")
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