China's 9,000 Vs US 60,000 USD Who is the developed country? ?

[Adam WANG SHANGHAI MEGA]

The U.S. president said: In the World Trade Organization, China infringes on U.S. interests. China is not a developing country and should be recognized as a developed country!

Where is the IQ of Americans?

China's per capita GDP is 9,000 US dollars!
Americans‘ per capita GDP is 60,000 US dollars!
Who is the developed country? ?

You tell me!

 

[Huan]

In the midst of additional $100 bn tariff threat, National Economic Council Director Larry Kudlow said today that CHINA is no longer a third-world, developing country and should follow the rules of fair trade like a first-world developed country. That's really crazy in addition to exaggerating a $500 billion trade deficit with China.

https://twitter.com/x/status/982351037892788224

@Martian2

 

[ohmrlobalobayeh]

realistically-speaking, maybe in 2030.

For now, there's still much work to be done.

 

[Kiss_of_the_Dragon]

In the midst of additional $100 bn tariff threat, National Economic Council Director Larry Kudlow said today that CHINA is no longer a third-world, developing country and should follow the rules of fair trade like a first-world developed country.

China is first world country, we're flattered , Indians will hate Americans to core to promote China equal status as US but India still remains a third world country, from now one es Indians should treat us with great respect

 

[Adam WANG SHANGHAI MEGA]

During the Korean War, China was facing the threat of US nuclear bomb attack. At that time, China was not afraid. China is today the world’s second largest economy and the world’s largest trading nation. China’s hydrogen bomb is no worse than any country, and China is afraid of a small trade sanctions? ?


All the reactionaries are the Papertiger.
------------------MAO Zedong

 

[Cybernetics]

realistically-speaking, maybe in 2030.

For now, there's still much work to be done.

Depends on your standards, internally China doesn't follow the international "developed nation" or "high-income economy" standards as it has its own assessment methods though might talk about it for external usage. Even if China is a leader in a particular field or all fields it doesn't mean it is "developed" by internal standards, that is based on different metrics and goals. It will likely reach "high income" in 3-4 years but that doesn't mean much. By 2030 its still ongoing the "primary development" phase and would have completed most of the urbanisation migration though not finished urban development, have a per capita gdp of around $20,000, achieve "basic modernisation" not "developed". That means citizens enjoy basic functions of a "modern society".

By Chinese standards "fully developed" status would likely be achieved by 2080 and aims to be among the top developed nations by 2100 if progress is made inline with the goals set in documents many years back. Although this was the timeline set many years ago, its milestones are still intact today and referenced. GDP is pretty much irrelevant as a goal this far down the road, everything is structural and GDP is just a byproduct.

Maybe China should be considered a "developing nation" until 2080.

 

[randomradio]

The U.S. president said: In the World Trade Organization, China infringes on U.S. interests. China is not a developing country and should be recognized as a developed country!

Where is the IQ of Americans?

China's per capita GDP is 9,000 US dollars!
Americans‘ per capita GDP is 60,000 US dollars!
Who is the developed country? ?

You tell me!

In terms of PPP, an average Chinese is only four times poorer than an average American. And considering cost of living is twice as cheap in China, the actual difference is only 2 times.

So an apples to apples comparison would mean, China's per capita is $30,000 versus America's $60,000. And since the Chinese are four times in number, China is now richer than America, at least in recent years.

Except for some fringe areas, China should be recognized as a developed country.

 

[AndrewJin]

Actually, if Supa Powa with life expectancy lower than NK and living standards lower than SSA claims world's biggest developed country all the time,
then China is indeed developed with an economy adding half a SP2012 every year.

But, any people with iQ above 82 would disagree with PDF RSSers' low standards of SPdevelopedness.

 

[Adam WANG SHANGHAI MEGA]

In terms of PPP, an average Chinese is only four times poorer than an average American. And considering cost of living is twice as cheap in China, the actual difference is only 2 times.

So an apples to apples comparison would mean, China's per capita is $30,000 versus America's $60,000. And since the Chinese are four times in number, China is now richer than America, at least in recent years.

Except for some fringe areas, China should be recognized as a developed country.

With PPP,India is also developed country,Should also drop its tarrifs!
Why indian tax tarrifs are even higher than China's???

 

[timmy_area51]

china is about as developed as the US itself .

 

[randomradio]

With PPP,India is also developed country,Should also drop its tarrifs!
Why indian tax tarrifs are even higher than China's???

India's PPP is still very low. It's only $7000. That makes it a middle income country. It has to double at the very least, and that could take at least 10 years at the minimum. China was also at $7000 in 2007.

Today's China is over $15000 and already catching up with the US in many areas.

 

[Adam WANG SHANGHAI MEGA]

china is about as developed as the US itself .

China's 9,000 Vs US 60,000 USD!!!
No kidding!??

 

[ohmrlobalobayeh]

India's PPP is still very low. It's only $7000. That makes it a middle income country.

 

[kris]

China is first world country, we're flattered , Indians will hate Americans to core to promote China equal status as US but India still remains a third world country, from now one es Indians should treat us with great respect

We respect all others as equals to us. No matter of their status.

 

[chauism]

In terms of PPP, an average Chinese is only four times poorer than an average American. And considering cost of living is twice as cheap in China, the actual difference is only 2 times.

So an apples to apples comparison would mean, China's per capita is $30,000 versus America's $60,000. And since the Chinese are four times in number, China is now richer than America, at least in recent years.

Except for some fringe areas, China should be recognized as a developed country.

WTF. Do you know that PPP is already adjusted for the cost of living, so even with low cost of living China is still 4 times poorer than US. Then again to live in a modern lifestyle, a lot of the goods are actually more expensive in China than in US.