I know people who teach there, they definitely don't get 500RMB/hr
If you are lucky you might get 200-250RMB/hr.
However, keep in mind that you will probably only get a few hours of private lessons like that per week. You won't be able to fill your schedule at that rate.
You'll probably have to work in a school making way less and will then get hired on the side. In many situations the good teaching jobs require getting your TOEFL.
Also, a lot of the schools are backroom operations that will try and get out of paying you or offer you housing that is sub-standard, ect.
Teaching English in Asia can be a great experience and you can make OK money doing it, but don't expect to get rich or of it to be easy.
Originally Posted by
gizmoduck
Do people really pay $70/hr for an English tutor? I wonder if you need to also be able to speak Chinese. I'd be fine with getting paid half that...