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While what you say is true, the article banks on data, and the numbers are abysmal compared to China. Only 8M Indians earn over $20K a year while that number is
by mankash666 9y ago
While what you say is true, the article banks on data, and the numbers are abysmal compared to China. Only 8M Indians earn over $20K a year while that number is orders of magnitude higher in China. The rate at which people transitioned into that income bracket also kept Pace with overall economic growth of the nation in China but India has shown aberrations here.
The effects can also be felt overseas. The Chinese are less likely to put up with long wait times for permanent residency in the USA, and simply return home as opportunities and life back home can be just as lucrative. Not the case for Indians, clearly
- fludlight 9y ago> Only 8M Indians earn over $20K a year This is the most underreported thing about India. > The Chinese are less likely to put up with long wait times for permanent residency in the USA, and simply return home as opportunities and life back home can be just as lucrative. In my experience, wealthy Chinese are willing to put up with nearly anything to obtain residency in a western country without deadly levels of smog or poisoned baby formula.