Quote:How so?
Quote:
On a per capita basis, that is a fraction of Americas.
Duh
Quote:Correct.
So, Chinese people earn on average a fraction of what Americans do.
Quote:"World Bank estimates of the Gini coefficient – an economic measure showing the level of income inequality in a country – put China among the most unequal major global economies, behind most of Europe, but ahead of the US. 23 Aug 2021"
So, a Chinese people on on average a fraction of what westerners do, and their wealth distribution is more unequal than that of most western nations. And you think that is something to brag about?
On this list, using the world bank gini index, Australia comes in at 77, ahead of China at 104. The only countries that rank worse than China that I recognise as wealthy are the US and Israel. Other than those two, pretty much every wealthy nation also has a more equal wealth distribution than China (as well as plenty of shitholes).
https://en.wikipedia.org/wiki/List_of_countries_by_income_equality