You see, when it's something that I share the same or very close opinion, I come to support you at once (not having any bad feeling against you).
So, I do agree 100% about that -- there are some crazy Chinese who really think so because of their mental disorders, but the vast majority of them are just
low-educated financially (economically) and/or
more greedy than the average Chinese person.
I also met some Chinese people who (being rich) were thinking that sums (of money) like 100 000 yuan (around USD 14,097.24 now) are "not expensive". They just can't imagine that there are people (in China) who are working for 2000 yuan/month (around USD 281.94 now) -- for example some of the cleaners or waiters/waitress and shop assistants in Hainan province of (still so-called) PRC.
So, if it comes to USD 1 000 000 (which currently equals ~ RMB 7 000 000:
7,093,600.00 yuan now, to be exact, according to Google's information), only very rich (or very uninformed or really stupid) people may think that it's "so-so". I mean, yes, if you are having USD 100 000 000, for you, objectively, the 1% of this money is a "so-so" amount. But for a person with income RMB 2000, as those mentioned above in Hainan island, it's NOT AT ALL "so-so" because the simple arithmetics shows this (
let's take an example with "only" 1 million yuan):
1000000 / 2000 = 500 (One million renminbis / 2000 renminbi (one salary) = 500 salaries)
and 500 / 12 = 41.66(6) (500 salaries / 12 months = around 42 years going to work). Which shows that most of these people (and most, or at least many, of the people around the world) will never receive that much (1 000 000 yuan).
So, this is it. If some Chinese (or a person from another nationality, it's not the point) states that USD 1 mln. is "just so-so", he or she is filthy rich and/or he/she lacks of "touch with reality" (out of touch with reality).
(Objectively, the perception of 1 000 000 US dollars depends on where you are. If you're in Singapore where you need to pay 20 dollars for a dish it may be something like "so-so", but if you're in Cambodia where the same dish costs only 1,50 dollars, then the same sum of money (1 million US dollars) is a lot and a dream).