Per capita GDP growth Inflation Unemployment China 5.06% 1.44% 4.6% The United States 3.29% 0. 12% 5% I was living in the U.S. in 2015. So suppose I transferred currency to 1000 Renminbi cash at the end of 2014 and I went to China in 2015, with the inflation the 1000 * is devalued. It seems not worth it if I don't work and get paid (with the same amount that increased by consumer prices)in China, but only live and spend money. That's theoretically thinking, actually, I believe an inflation rate of 1.44% is not a problem. Some research shows that an inflation rate below 2.5% doesn't mean inflation happened. Also, according to the article, sometimes inflation is unimportant. Because your wage would increase simultaneously, you could afford exactly as much as before. However, there is a risk of a 0.1 inflation rate in the U.S., a too low inflation rate indicates wage decreases, price of goods and services decreases. An example of that case happened in Japan, people wouldn't be buying or consuming. They expected the price would be lower in the future so they delayed their buying, which would destroy the economy further. So if I got a choice to live in China versus the United States in 2015, I would have preferred to live in China. Because China had a higher per capita GDP growth, a lower rate of unemployment, and a comparably mild inflation rate in 2015