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> Not really, 20 years ago maybe? but now that the first tier provinces have mostly caught up economically it's really just a matter of time before rest of chin
by dcolkitt 6y ago
> Not really, 20 years ago maybe? but now that the first tier provinces have mostly caught up economically it's really just a matter of time before rest of china catches up.
This isn't even remotely true. Taiwan has a GDP per capita of $54,000.[1] The two wealthiest administrative division in China are Shanghai at $38,000 and Beijing at $37,000[2]. Moreover it's not an apples-to-apples comparison because those cities are consistently drawing the best and the brightest from the entire country.
[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)...
[2] https://en.wikipedia.org/wiki/List_of_Chinese_administrative_divisions_by_GDP_per_capita https://en.wikipedia.org/wiki/List_of_Chinese_administrative...
- hungryhobo 6y agoCan you tell the difference in living standards between 54,000 and 38,000?
- BobbyJo 6y agoIt's nearly 50% greater, so I'm sure the difference is palpable.
- jbob2000 6y agoThat’s a 40% increase in GDP. Would you take a 40% raise at your current job?
- hungryhobo 6y agoHeh I like how you interpret data. I think if I'm only earning 70% of what I earn right now, I wouldn't be that much worse
- 1123581321 6y agoYou clearly make more than $54,000 to say that.
- jumpman500 6y ago16,000 per person
- mminer237 6y agoI mean, that's roughly the difference between living in western Europe and living in eastern Europe or the Caribbean.
- x87678r 6y agoGermany 45,466 Poland 15,304 https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...