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Some Japanese in Shanghai have made a fortune.

In 2011, 100 million yen could be exchanged for more than 8 million yuan.

In 2024, 100 million yen could only be exchanged for 4.68 million yuan,

which is less than 3 million yuan.

Some Japanese working in Shanghai bought houses in Shanghai in 2011.

A house worth 3 million yuan only cost 40 million yen at that time.

These houses have now risen to 10 million yuan and can be exchanged for more than 200 million yen.

That is, these Japanese working in Shanghai have not only made profits from the appreciation of Shanghai housing prices,

but also from the appreciation of the RMB.

The investment of 40 million yen has turned into more than 200 million yen in just 13 years.

In Shanghai, there were more than 200,000 Japanese at the peak.

Even if 1% of them bought houses,

there were more than 2,000 people.

This group of people came to work in Japanese-funded enterprises in Shanghai and got higher salaries.

Because they bought houses in Shanghai, they made double profits from housing prices and exchange rates.

No wonder many Japanese women now envy those Japanese girls whose husbands are transferred to Shanghai for work.

The prices in Shanghai are lower than those in Tokyo

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