Does the Purchasing Power Parity (PPP) holds?Structure:

1. Introduction: Details of PPP puzzle? (general note of PPP- what? how to measure? current result?)

2. Literature Review: Does the PPP holds in China? Try to compare China with more than 2 countries separately, which could be used by different methods. (i.e. China vs. US, and then China vs. UK) But it is not necessary to must be US and UK. And why choose the sample countries? Generally, it does not need to show the calculation, and formula does not really matter.

3. Conclusion: this section presents a summary of the findings of the dissertation, relates these to the argument outlined in the introductory chapter and states precisely what has been demonstrated.

4. Bibliography: At least 25

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