Too Much of a Good Thing

China Daily / Reuters

Food Frenzy: Shoppers battle for scarce bargains at a supermarket in the eastern Chinese city of Weifang

Kong Junying, a 50-year-old housewife, stood seething at the entrance of a supermarket in northeastern Beijing with a salted egg in hand. Kong, her husband and 18-year-old son live on just 2,000 renminbi ($260) a month, and over the first half of this year, she has seen the price of groceries take a bigger and bigger chunk of the couple's fixed income. What was a 300 renminbi ($40) monthly bill is now 500 renminbi ($66) and prices are still rising. Hence the salted egg, which Kong is buying instead of meat. "We are still able to afford food," she...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!