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China both is and isn't a developing nation. It's massive, it has so many nations worth it's ridiculous. Seriously, let's compare the top 1% of China with the
by Qwertious 6y ago
China both is and isn't a developing nation. It's massive, it has so many nations worth it's ridiculous.
Seriously, let's compare the top 1% of China with the bottom 1%.
China has 1.4 billion people, 1% of 1.4b is 14 million.
Actually, that's not that important. Let's talk about the top and bottom 10%.
The top 10%, being 140million, are the size of Germany (~80million) and France (~60million) combined.
The bottom 10% are the same size, obviously, but they share all the laws of the top 10% (at least on paper). Now the real question is "what percent of China's population are 'developing country' level?", because if it's 40%, that's 560 million people.
So how the fuck do we deal with it? China is unique, although India may face the same problem later.