Poundland is a popular chain store in the U.K. which sells everything for under £1 Sterling. I came across this shop in Guangzhou that operates on a similar philosophy, but is not part of the UK company and has no connection with the UK brand. But the interesting thing about the Chinese version is that 10 Yuan is actually just over £1.07p because the Chinese Yuan is valued higher. Another reason to accept that China is economically better than the U.K. (Western Europe's cleanest 3rd world country).
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