China Is Still A 'Poor' Country

[Dungeness]

https://tradingeconomics.com/china/gdp-per-capita

China GDP per capita 1960-2017 | Data | Chart | Calendar | Forecast
The Gross Domestic Product per capita in China was last recorded at 6894.50 US dollars in 2016. The GDP per Capita in China is equivalent to 55 percent of the world's average. GDP per capita in China averaged 1562.61 USD from 1960 until 2016, reaching an all time high of 6894.50 USD in 2016 and a record low of 132 USD in 1962.

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Just spent two weeks in China. From what I saw, China has done a great job in providing its citizens with only 1/5 of per capital GDP of US. Everyone I know of has paid off their mortgages and most of them have more than one properties, and the quality of their life is on par with their US counterparts or better. The most important things is that they have a positive outlook for their future. Just imagine what their life would be when their per capital reaches half of US. In the meantime, the medium family income in the US has been stagnated for the past 20 years.

I think there maybe about 300 million Chinese who's life quality in real terms is on par with average folks here. The graph in your post just doesn't justify what I have seen in China. There is a different mechanism driving Chinese economy which can't be explained with western economic theory. That is why the western economists have always got their predictions on "China Collapse" wrong, and they won't get things right anytime soon.

You seem to be very interest in anything Chinese, but only from a biased perspective. You should live there for a extended period to be less biased.

 

[Jlaw]

You seem to be very interest in anything Chinese, but only from a biased perspective. You should live there for a extended period to be less biased.

There's already many white losers in China, why do you want more? Peter C has the right to believe in any delusion he want to believe in while the US government still allow it.

 

[sinait]

Just spent two weeks in China. From what I saw, China has done a great job in providing its citizens with only 1/5 of per capital GDP of US. Everyone I know of has paid off their mortgages and most of them have more than one properties, and the quality of their life is on par with their US counterparts or better. The most important things is that they have a positive outlook for their future. Just imagine what their life would be when their per capital reaches half of US. In the meantime, the medium family income in the US has been stagnated for the past 20 years.

I think there maybe about 300 million Chinese who's life quality in real terms is on par with average folks here. The graph in your post just doesn't justify what I have seen in China. There is a different mechanism driving Chinese economy which can't be explained with western economic theory. That is why the western economists have always got their predictions on "China Collapse" wrong, and they won't get things right anytime soon.

You seem to be very interest in anything Chinese, but only from a biased perspective. You should live there for a extended period to be less biased.

China manufactures many things locally, so their PPP yuan stretches much further.
So it is not surprising that their quality of life is comparable to others with much higher per capital GDP.
.

 

[Globenim]

Four decades of strong economic growth has helped China become the world's second largest economy. But things aren't as good as often described in social media. China is still a "poor" country, at least according to a number of broadly used measures of the quantity and quality of life, and potential to make the Great Leap Forward to the status of a developed country.

Take China's per capital GDP, for example. It stood at U.S.$6894.50 in 2016 -- 55% below the world's average, according to Tradingeconomics.com.

"still"
Source is about 2016 numbers
Posted September 2017

"per capital"
Starting off like a blogpost...?

"55% below the world's average"
Source says 55% of the world's average. Needless to say, but for the Indians who keep spamming these kind of articles I have to, thats not the same. Blogpost quality reached within two paragraphs.

The GDP per capita in relation to the rest of the world isnt a broadly used metric to describe "poverty" at all either. Its only something you hear often among layman talk. There is not even a direct relation between GDP and poverty. Poverty can just as well rise along with increasing GDP. GDP doesnt make any difference between basic demands and Im speculating with billions that I dont even really own trough my Swiss bank while the vast amount of the population hungers.

Then there's pollution.China is the world’s top producer of carbon dioxide, the chief greenhouse gas - a status that isn’t expected to change any time soon, as China’s government is part of the problem rather than the solution.

Quoting a random blog that couldnt even last for 3 months since it was quoted. So by the best guess they went with the usual total emission. Coincidentally thats the only statistic where they dont apply per capita to make it appear "less". Maybe because per capita China is under the bottom 30 emitters of Carbon Dioxide in the entire world and that list includes countries that dont even have any real economy and that doesnt fit the narrative? Its almost like China is in first place simply a very big and highly populated country.

We all know how well Chinas government is dealing with the extreme reduction by now, so that snitchy comment about Chinas government from these propaganda papers shows they arent really bothered about a solution and rather just want to create "Chinese problems".

 

[Kai Liu]

It depends on to what you are comparing. The gap mainly lies in the countryside, but we are talking about the developed world.
Chinese countryside:

Comparing to this, we still have some way to go:
Japanese countryside:

But comparing to this, we are the heaven:
Countryside SP2012:

BTW, this website can give out its' make up GDP figures for all countries in the world...despite we have gdp per capita well above 8000USD from both IMF and World Bank figures...Lol...
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita

 

[Mista]

It depends on to what you are comparing. The gap mainly lies in the countryside, but we are talking about the developed world.
Chinese countryside:

Comparing to this, we still have some way to go:
Japanese countryside:

But comparing to this, we are the heaven:
Countryside SP2012:

BTW, this website can give out its' make up GDP figures for all countries in the world...despite we have gdp per capita well above 8000USD from both IMF and World Bank figures...Lol...
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita

Europe has some beautiful countryside too.

Here's from Switzerland. Clean, healthy, alps, cottages.

 

[sinait]

It depends on to what you are comparing. The gap mainly lies in the countryside, but we are talking about the developed world.
Chinese countryside:

Comparing to this, we still have some way to go:

BTW, this website can give out its' make up GDP figures for all countries in the world...despite we have gdp per capita well above 8000USD from both IMF and World Bank figures...Lol...
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita

I don't see much difference between the view from Japan railway and Chinese countryside by bus other than the Japan route goes over much of farmland.
The view can also be improved when the area is developed or redeveloped.
My shop front have grass lawn and trees facing the expressway even though the car park and all business is preferably to be done at the back. Many of the shop owners had opened up their back so as to better conduct their business. Later I found out it is for aesthetics so travellers on the expressway from our Changi Airport will see beautiful buildings fronted with green lawn and trees.
Any ugly building marring the view will be demolished or required to upgrade.
.

 

[Kai Liu]

I don't see much difference between the view from Japan railway and Chinese countryside by bus other than the Japan route goes over much of farmland.
The view can also be improved when the area is developed or redeveloped.
My shop front have grass lawn and trees facing the expressway even though the car park and all business is preferably to be done at the back. Many of the shop owners had opened up their back so as to better conduct their business. Later I found out it is for aesthetics so travellers on the expressway from our Changi Airport will see beautiful buildings fronted with green lawn and trees.
Any ugly building marring the view will be demolished or required to upgrade.
.

Yes. The main problem of Chinese countryside today is lack of planning and design. These farmers have got tons of money to build huge houses, but the architecture styles and surrounding designs are usually poor and ugly. But anyway, we should not demand too much from them , because in the eyes of people from SP2012, they are slave labors, earning less than 50 cents a day...