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(Created page with "诺贝尔币 (nuò bèi ěr bì): Nobel Prize dollars When asked by a Xinhua journalist what he would do with his prize money of RMB7.5 mil, Nobel winner Mo Yan replied: I’m ...")
 
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For a sample of netizen reactions, see [http://chinadigitaltimes.net/2012/10/mo-yan-wants-to-buy-a-house-in-beijing-can-he/ here].
 
For a sample of netizen reactions, see [http://chinadigitaltimes.net/2012/10/mo-yan-wants-to-buy-a-house-in-beijing-can-he/ here].
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Revision as of 06:12, 11 December 2012

诺贝尔币 (nuò bèi ěr bì): Nobel Prize dollars

When asked by a Xinhua journalist what he would do with his prize money of RMB7.5 mil, Nobel winner Mo Yan replied:

I’m getting ready to buy a house in Beijing, a big house. But then I’ve been warned I won’t be able to get anything that big. A house is more than RMB50,000 per square meter, so with RMB 7.5 mil, I can purchase a 120-some square meter home.

我准备在北京买套房子,大房子,后来有人提醒我说也买不了多大的房子,5万多一平米,750万也就是120多平米。

Netizens were stunned by the magical realism of such a huge sum of money meaning so little in the Beijing real estate market. They joked that the Nobel Prize award should become its own denomination of currency -- Nobel Prize dollars -- the value of which would equal one home in Beijing.

For a sample of netizen reactions, see here.

Nobel.jpg