let's measure the standard of living with auto sale, instead of GDP

[badguy2000]

well, one CHinese wrote one article, comparing the standard of living in different countries ,with per capita auto sale, instead of per capita GDP.

the conclusion is quite amazing...
1. Generally speaking, per capita auto sale is corelated to per capita GDP.
the higher per capita GDP is , the more per capita auto sale is .

2. China is a exception, its per capita auto sale is more than many countries with higher per capita GDP( Poland, Turkey, Greece, Mexico,Romania..etc), because RMB is serioulsy undervalued.

3. USA, German.Japan are the Tier1 countries , they are "real high-income countries", their per capital auto sale is 2+ times of CHinese.

4, Italy and Spain is the tier2 countries. their per capita auto sale is more than CHinese one.

5. poland, Czech, Brazil ,Portugal and CHina are Tier 3 Countries. their per capita auto sale is in the same league.

6. Turky,Mexico are Tier 4 countries. their per capita auto sale is only 50% or so of Chinese.

7. Romania is the poorest one, its per capita auto sale in only 25% of CHinese one.

8. the GDP data of Greece is cooked and fake!

 

[badguy2000]

1. China VS Brazil
in 2014,1.36 billion CHinese bought 23.5 M autos while 200M Brazilian bought 3,5 M autos.
the per capita auto sale in CHina is almost equal to that in Brazil,while CHina's per capita GDP (7500 USD) is only 2/3 of Brazil per capita GDP(11600 USD)...
it might prove that RMB is serioulsy undervalued ,and suggest that ordianary Brazlian's real life standard might be almost equal to ordiarny CHinese.


2. China VS Mexico
in 2014,1.36 billion CHinese bought 23.5 M autos while 120M mexican bought 1.1 M autos.
Chinese per capita auto sale is almost 2 times of Mexican's while CHina's per capita GDP(7500) is lower than Mexican per capita GDP(10700 USD)...
it might prove that RMB is serioulsy undervalued ,and suggest that odrdianry Mexican's real life standard is lower than ordinary CHinese.



3. China VS Turky
in 2014,1.36 billion CHinese bought 23.5 M autos while 77M turks bought 0.77 M autos.
Chinese per capita auto sale is almost 2 times of Turkey,while CHina's per capita GDP( 7500 USD ) is less than Turks' per capita GDP(10300 USD.)..
it might prove that RMB is serioulsy undervalued ,and suggest that odrdianry Turks' real life standard might be lower than ordinary CHinese.

4. China VS Poland
in 2014,1.36 billion CHinese bought 23.5 M autos while 39M Poles bought 0.32 M autos.
Chinese per capita auto sale is almost 2 times of Poland,while CHina's per capita GDP(7500 USD) is only 50% of Poland(14300 USD)...
it might prove that RMB is serioulsy undervalued ,and suggest that odrdianry Poland' real life standard might be lower than ordinary CHinese.

5. China VS Romania
in 2014,1.36 billion CHinese bought 23.5 M autos while 21M turks bought 0.1 M autos.
CHinese per capita auto sale is almost 4 times of Romania,while CHina's per capita GDP(7500USD) is less than Romanian one(10000 USD)...
it might prove that RMB is serioulsy undervalued ,and suggest that odrdianry Chinese' real life standard might be much higher than ordinary Romanian.

6. China VS The Czech republic
in 2014,1.36 billion CHinese bought 23.5 M autos while 11M Czechs bought 0.2 M autos.
Chinese per capita auto sale is equal to the Czech Republic,while CHina's per capita GDP( 7500 USD) is only 40% of Czech one ( 19500 USD)...
it might prove that RMB is serioulsy undervalued ,and suggest that odrdianry Chinese' real life standard might be close to ordinary Czech.

 

[ArsalanKhan21]

There is also a Big Mac Index. The Toyota Corolla comes with different features and options in different countries so you really cannot compare BMW sales in Germany to mehran sales in Pakistan.

 

[badguy2000]

then ,let's compare China with PIGS
7. China VS Portugal
in 2014,1.36 billion CHinese bought 23.5 M autos while 10M Portuguese bought 0.17 M autos.
CHinese per capita auto sale is almost equal to protugal,while CHina's per capita GDP (7500 USD) is only 1/3 of Portuguese one (20000 USD)...
it might prove that RMB is serioulsy undervalued ,and suggest that odrdianry Chinese' real life standard might be close to ordinary Portuguese.

8. China VS Italy
in 2014,1.36 billion CHinese bought 23.5 M autos while 60M Italian bought 1.5 M autos.
Italian per capita auto sale is 1.5 times of Chinese,while Italian per capita GDP(35500USD) is 4 times of CHinese one(7500USD)
it might prove that RMB is serioulsy undervalued again ,while prove that odrdianry Chinese' real life standard is indeed lower than ordinary italian.

9. China VS Greece
in 2014,1.36 billion CHinese bought 23.5 M autos while 11M Greeks bought only 0.08 M autos.
Greek's per capita auto sale is only 50% of Chinese ,while Greek's per capita GDP(22300USD) is 3 times of Chinese one(7500USD).
it might prove that RMB is serioulsy undervalued again ,while prove that odrdianry Greek' real life standard might be indeed lower than ordinary Chinese.
it proves how cooked and unreliable Greek's GDP is!

10. China VS Spain
in 2014,1.36 billion CHinese bought 23.5 M autos while 47M Spainian bought only 0.99 M autos.
Chinese per capita auto sale is just a bit less than Spain ,while Spain's per capita GDP(29200SD) is almost 4 times of Chinese one(7500USD).
it might prove that RMB is serioulsy undervalued again ,while prove that odrdianry Spainian' real life standard might be just a bit higher than ordinary Chinese.

 

[Hamartia Antidote]

There is also a Big Mac Index. The Toyota Corolla comes with different features and options in different countries so you really cannot compare BMW sales in Germany to mehran sales in Pakistan.

Yep! Car prices vary wildly by country. If you live in a cheap labor market and build Toyota Corollas locally they are going to be cheaper than importing them.

Brazil's Ridiculous $80,000 Jeep Grand Cherokee

"One might think that paying $80,000 for a Jeep Grand Cherokee means it comes equipped with wings and gold plated rims. But in Brazil, it comes standard.

The 2013 Jeep Grande Cherokee cost Brazilians a stellar R$179,000, or roughly $89,500. Import duties and other taxes make it so that the Brazilian buying a muscular Jeep Cherokee could have bought three of them if they were living in Miami like their friends. In the U.S., the 2013 Jeep Grand Cherokee will run you about $28,000. That’s nearly half the median American income, but $89,500 is light years away from median Brazilian incomes."

 

[badguy2000]

OK, now ,let compare china with the most developed countries

11. CHina VS Japan
in 2014,1.36 billion CHinese bought 23.5 M autos while 127M Japanese bought 5.5 M autos.
Japanese per capita auto sale is 2 times of Chinese ,while Japanese per capita GDP(36300USD) is almost 4 times of Chinese one(7500USD).
it might prove that RMB is serioulsy undervalued again ,while prove that odrdianry Chinese' real life standard is still much lower than ordinary Japanese.

12. CHina VS German
in 2014,1.36 billion CHinese bought 23.5 M autos while 81M Japanese bought 3.3 M autos.
Germany per capita auto sale is 2 times more of Chinese ,while Germany per capita GDP(41500USD) is almost 5 times of Chinese one(7500USD).
it might prove that RMB is serioulsy undervalued again ,while prove that odrdianry Chinese real life standard is still much lower than ordinary Germany.

13. CHina VS USA
in 2014,1.36 billion CHinese bought 23.5 M autos while 300M Yankees bought 17.5 M autos.
Yankee's per capita auto sale is 3 times of Chinese ,while yankee's per capita GDP(50000USD) is almost 6 times of Chinese one(7500USD).
it might prove that RMB is serioulsy undervalued again ,while prove that odrdianry Chinese real life standard is still much lower than ordinary Yankee's.

 

[Hamartia Antidote]

13. CHina VS USA
in 2014,1.36 billion CHinese bought 23.5 M autos while 300M Yankees bought 17.5 M autos.
Yankee's per capita auto sale is 3 times of Chinese ,while yankee's per capita GDP(50000USD) is almost 6 times of Chinese one(7500USD).
it might prove that RMB is serioulsy undervalued again ,while prove that odrdianry Chinese real life standard is still much lower than ordinary Yankee's.

List of countries by vehicles per capita - Wikipedia, the free encyclopedia

4

United States 809
103

China 113


We already have over 8 cars for every 10 people. You only have 1. So of course you are going to have more people per year buying. We hit our saturation point long ago. My wife and I had 4 cars at one point. How many couples in China have 4 cars?

 

[badguy2000]

ok, accoding to the above data, we might draw such conclusions:

1. Generally speaking, per capita auto sale is corelated to per capita GDP.
the higher per capita GDP is , the more per capita auto sale is .

2. China is a exception, its per capita auto sale is more than many countries with higher per capita GDP( Poland, Turkey, Greece, Mexico,Romania..etc), because RMB is serioulsy undervalued.

3. USA, German.Japan are the Tier1 countries , they are "real high-income countries", their people enjoy a highest life standard.

4, Italy and Spain is the tier2 countries.

5. poland, Czech, Brazil ,Portugal and CHina are Tier 3 Countries

6. Turky,Mexico are Tier 4 countries.

7. Romania is the poorest one, while Greece is also in terribly sorry status.

 

[That Guy]

This isn't really a good way to test the standard of living.

 

[badguy2000]

List of countries by vehicles per capita - Wikipedia, the free encyclopedia

4

United States 809
103

China 113

well,
1. the data is outdated; now ,every year, Chinese buy 20+M autos(exclude Agricultural vehicles).
2, that is total stock, not yearly addition.

it is after 2000 that ordianry Chinese can afford family cars.
after 2008, Chinese bought more more autos than Yankees every year.

 

[Hamartia Antidote]

well,
1. the data is outdated; now ,every year, Chinese buy 20+M autos(exclude Agricultural vehicles).
2, that is total stock, not yearly addition.

it is after 2000 that ordianry Chinese can afford family cars.
after 2008, Chinese bought more more autos than Yankees every year.

You have over a billion people. The population of the US is only 300M.
Of course you should be buying more cars.
You should be buying more of everything. If you aren't...there is something wrong.

BTW the average car cost in the US is over $30K.

 

[badguy2000]

You have over a billion people. The population of the US is only 300M.
Of course you should be buying more cars.
You should be buying more of everything. If you aren't...there is something wrong.

BTW the average car cost in the US is over $30K.

1.yes ,indeed. before CHina's per capita auto sale catch up with USA, CHina would still be a developing country, no Chinese deny it.

2. the comparation above is not only China VS USA, but also China vs other countries.
such a comparation can help where China stands on the earth.

3. CHina aeverage car cost is not as low as you think.
most family car costs is between 100K-300K RMB(18-40K USD),because CHinese cars are taxied more than USA.
Golf costs 60% higher in CHina than in German
in fact, BMW and Mercedes are sold in CHina more than in USA.

 

[Skull and Bones]

Scandinavian countries has very minimal auto ownership, but they enjoy a very high standard of living. I propose measuring the prosperity on point based system of health/education/energy consumption.

 

[Hamartia Antidote]

1.yes ,indeed. before CHina's per capita auto sale catch up with USA, CHina would still be a developing country, no Chinese deny it.

2. the comparation above is not only China VS USA, but also China vs other countries.
such a comparation can help where China stand on the earth.

After you hit the 8 of 10 people plateau you should still be selling 54 million cars a year to make the numbers comparable. You haven't even hit that pre-plateau yet. You should be selling over 100M a year before hitting the saturation plateau and leveling off to 54M. Just like smart phone sales there is a surge in sales for a few years before the market is saturated and the sales level off.

China smartphone sales fall for first time: Gartner| Reuters
"China has reached saturation — its phone market is essentially driven by replacement, with fewer first-time buyers,"

 

[Gauss]

bad idea. highly developed countries have excellent public transport systems. they buy less private cars.