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the average annual income in China is something around $12K. I would not say it is developed, just because the top percentile of the population seem to live lav

the average annual income in China is something around $12K. I would not say it is developed, just because the top percentile of the population seem to live lavish lives. did a quick look - median income is around $4K-6K a year. there is no way that can be compared to any 1st world country. http://www.stats.gov.cn/english/PressRelease/202101/t20210119_1812523.html http://www.stats.gov.cn/english/PressRelease/202101/t2021011... According to this list - China's median income is comparable to Bolivia, Libya, Dominican Republic, Paraguay, etc. Would you list all those as developed countries? https://worldpopulationreview.com/country-rankings/median-income-by-country https://worldpopulationreview.com/country-rankings/median-in... And according to this GDP Per Capita list - China ranks 73. Don't believe the racist propaganda trying to make you fear China. https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PP...

deleted 6y ago
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africanboy 6y ago
on one hand I agree with you, on the other hand it's very hard to apply the same kpis we use for other countries, given the size of China. For example the city of Beijing has the same GDP of Sweden and Belgium and it's not far from the city of London.
- coldtea 6y ago
  >For example the city of Beijing has the same GDP of Sweden and Belgium and it's not far from the city of London. So? The country itself can still be under-developed.
  - africanboy 6y ago
    the country of China is as big as the USA but hosts 4 times the population the median salary in US is $ 36k/year[1] in China is $ 13.5k, but cost of living in China is more than 50% cheaper than in US on average and education is basically free Kentucky has the same population of Switzerland but less than half average income (27k vs 62k) 14% of the population in USA relys on food stamps OP said I would not say it is developed, just because the top percentile of the population seem to live lavish lives, does that apply to US as well? (or Italy, where I come from and similar patterns are observable) there is more than the average and the median when 1.2 billion people live in the same country development is not homogeneous anywhere [1] The Bureau of Labor Statistics reported a median personal income of $865 weekly for all full-time workers in 2017. The U.S. Census Bureau lists the annual real median personal income at $35,977 in 2019 with a base year of 2019.
    - coldtea 6y ago
      >14% of the population in USA relys on food stamps Well, large parts of the USA do feel like a developing countries. Some even have comparable life expectancies...
    - roflulz 6y ago
      13.5K is the mean - the median is around $6k and the US Mean income is much much higher - various sources show something around $70K.
      - africanboy 6y ago
        > US Mean income is much much higher - various sources show something around $70K that's per household, not per capita.

deleted 6y ago

[deleted]

africanboy 6y ago

on one hand I agree with you, on the other hand it's very hard to apply the same kpis we use for other countries, given the size of China. For example the city of Beijing has the same GDP of Sweden and Belgium and it's not far from the city of London.

coldtea 6y ago
>For example the city of Beijing has the same GDP of Sweden and Belgium and it's not far from the city of London. So? The country itself can still be under-developed.
- africanboy 6y ago
  the country of China is as big as the USA but hosts 4 times the population the median salary in US is $ 36k/year[1] in China is $ 13.5k, but cost of living in China is more than 50% cheaper than in US on average and education is basically free Kentucky has the same population of Switzerland but less than half average income (27k vs 62k) 14% of the population in USA relys on food stamps OP said I would not say it is developed, just because the top percentile of the population seem to live lavish lives, does that apply to US as well? (or Italy, where I come from and similar patterns are observable) there is more than the average and the median when 1.2 billion people live in the same country development is not homogeneous anywhere [1] The Bureau of Labor Statistics reported a median personal income of $865 weekly for all full-time workers in 2017. The U.S. Census Bureau lists the annual real median personal income at $35,977 in 2019 with a base year of 2019.
  - coldtea 6y ago
    >14% of the population in USA relys on food stamps Well, large parts of the USA do feel like a developing countries. Some even have comparable life expectancies...
  - roflulz 6y ago
    13.5K is the mean - the median is around $6k and the US Mean income is much much higher - various sources show something around $70K.
    - africanboy 6y ago
      > US Mean income is much much higher - various sources show something around $70K that's per household, not per capita.