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Beijing[1], as China's richest city and capitol, has a GDP per capita is $38,000. That's comparable to the GDP per capita found in other middle income capitals,

Beijing[1], as China's richest city and capitol, has a GDP per capita is $38,000. That's comparable to the GDP per capita found in other middle income capitals, like Istanbul[2] ($45k) or Mexico City[3] ($43k)[3] or Bangkok[4] ($36k). Certainly substantially behind the level of development found in the capitols of highly developed nations, like Washington DC[5] ($85k), London ($74k), or Tokyo[6] ($69k). [1]https://en.wikipedia.org/wiki/List_of_Chinese_administrative_divisions_by_GDP_per_capita https://en.wikipedia.org/wiki/List_of_Chinese_administrative... [2]https://en.wikipedia.org/wiki/List_of_Turkish_provinces_by_GDP https://en.wikipedia.org/wiki/List_of_Turkish_provinces_by_G... [4]https://en.wikipedia.org/wiki/List_of_Thai_provinces_by_GPP https://en.wikipedia.org/wiki/List_of_Thai_provinces_by_GPP [5]https://en.wikipedia.org/wiki/List_of_OECD_regions_by_GDP_(PPP)_per_capita https://en.wikipedia.org/wiki/List_of_OECD_regions_by_GDP_(P... [6]https://en.wikipedia.org/wiki/List_of_Japanese_prefectures_by_GDP_per_capita https://en.wikipedia.org/wiki/List_of_Japanese_prefectures_b...

sudosysgen 6y ago
What is the GDP PPP of Beijing vs New York, San Franciso, or Chicago? GDP Nominal is not a good indicator here in a country which seems to be devaluing it's currency willingly or unwillingly.
- dcolkitt 6y ago
  All the numbers I've cited (including Beijing's $38k) have been PPP. New York is $74k, San Francisco is $95k, and Chicago is $61k. https://en.wikipedia.org/wiki/List_of_cities_by_GDP_(PPP)_per_capita https://en.wikipedia.org/wiki/List_of_cities_by_GDP_(PPP)_pe...
  - sudosysgen 6y ago
    You are using numbers that are 6 years out of date for a country that has had 6% YoY growth.
    - dcolkitt 6y ago
      The Chinese numbers are from 2019. The American numbers are from 2015. If anything the comparison strongly disadvantages the US, since there was robust growth in the latter half of the decade.
      - sudosysgen 6y ago
        Can you use a single source that contains the numbers for both China and the US, please? For such data points that have a lot of very different possible methodologies it's quite important to use the same source or ensure that the methodology is exactly the same.
        novok 6y ago
        I think that is an unreasonable request for rigor for a casual internet forum comment. That amount of rigor you have to pay for, and at this point I think it's reasonable for you to do your own research and present such normalized numbers.
        sudosysgen 6y ago
        It really isn't much to ask for. If you're making arguments based on really really shaky data you should not be making them at all. Comparing OECD regions to Chinese administrative metro areas is really quite absurd. The variance in Montréal for example depending on what you call a city can be almost 2x. For example, if you take the Tokyo Metro Area, you find a GDP per capita of 48k, with a PPP ratio of 0.98 we get 48k USD PPP. Comparing it to the Beijing Metro Area you have a 39k USD PPP. This took around 4 minutes to do for the two cities, so I really don't think it's a quantity of rigor you should pay for, nor an unreasonable amount of scrutiny for an internet comment at all. I was just trying to get the commenter to realize the issue with using two completely different data series in a comparison. You can also compare for example Jiangsu and South Kanto to find similar numbers.
        hkmaxpro 6y ago

sudosysgen 6y ago

What is the GDP PPP of Beijing vs New York, San Franciso, or Chicago? GDP Nominal is not a good indicator here in a country which seems to be devaluing it's currency willingly or unwillingly.

dcolkitt 6y ago
All the numbers I've cited (including Beijing's $38k) have been PPP. New York is $74k, San Francisco is $95k, and Chicago is $61k. https://en.wikipedia.org/wiki/List_of_cities_by_GDP_(PPP)_per_capita https://en.wikipedia.org/wiki/List_of_cities_by_GDP_(PPP)_pe...
- sudosysgen 6y ago
  You are using numbers that are 6 years out of date for a country that has had 6% YoY growth.
  - dcolkitt 6y ago
    The Chinese numbers are from 2019. The American numbers are from 2015. If anything the comparison strongly disadvantages the US, since there was robust growth in the latter half of the decade.
    - sudosysgen 6y ago
      Can you use a single source that contains the numbers for both China and the US, please? For such data points that have a lot of very different possible methodologies it's quite important to use the same source or ensure that the methodology is exactly the same.
      - novok 6y ago
        I think that is an unreasonable request for rigor for a casual internet forum comment. That amount of rigor you have to pay for, and at this point I think it's reasonable for you to do your own research and present such normalized numbers.
        sudosysgen 6y ago
        It really isn't much to ask for. If you're making arguments based on really really shaky data you should not be making them at all. Comparing OECD regions to Chinese administrative metro areas is really quite absurd. The variance in Montréal for example depending on what you call a city can be almost 2x. For example, if you take the Tokyo Metro Area, you find a GDP per capita of 48k, with a PPP ratio of 0.98 we get 48k USD PPP. Comparing it to the Beijing Metro Area you have a 39k USD PPP. This took around 4 minutes to do for the two cities, so I really don't think it's a quantity of rigor you should pay for, nor an unreasonable amount of scrutiny for an internet comment at all. I was just trying to get the commenter to realize the issue with using two completely different data series in a comparison. You can also compare for example Jiangsu and South Kanto to find similar numbers.
        hkmaxpro 6y ago