Inflation, or the rate at which the general price level of goods and services is rising, can have a significant impact on the cost of living in a country. For those looking to teach English abroad, understanding the inflation rate in different countries is an important consideration. Here's a comparison of inflation in the UK and China, and how teaching English in China might be a way to escape high inflation.
In the UK, the inflation rate had been relatively stable in recent years, hovering around 2% per year. However, in 2022, inflation in the UK reached 11% due to factors such as Brexit and the COVID-19 pandemic.
In China, the inflation rate has also been relatively stable in recent years, averaging around 2.5% per year. However, China has a history of higher inflation rates, with peaks of over 20% in the 1990s.
For those looking to escape high inflation and stretch their salary further, teaching English in China may be a good option. The cost of living in China is generally lower than in the UK, and the salary for English teachers in China is enough to cover living expenses and allow for some savings. In addition, the Chinese government has taken steps to curb inflation in recent years, which may make it a more stable option for those concerned about the economic future of the UK.
It's important to keep in mind that the decision to teach English in China, or any other country, should be based on a variety of factors, including personal goals, cultural interests, and financial considerations. If you're interested in teaching English in China, it's a good idea to do your own research and consider your own financial needs and goals before making a decision.
My experience of serving as a Peace Corps volunteer in China was a truly life-changing experience. It was a time of intense language learning, cultura
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