China Economy: News & Discussion

srevster

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By the way the new US Embassy in Hyderabad to attract talent. Have you seen anything like this in Beijing or Shanghai?

 

srevster

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That perfectly explains why India's GDP per capita is higher than Congo.
You keep switching goal posts. How many times do I need to tell you, per capita GDP is a vanity metric.

what matters is cost of living and purchasing power. Most Americans can barely save any money because of cost of living. In China you can’t even own land, so don’t lecture me about GDP.

india’s PPP GDP is only 1/2 of China

In 2019, Indian PPP per capita incomes were 47.5 percent of China's. We estimate that convergence in per capita income levels for India-China is very possible (and latest) by 2044. This means that per-capita growth rates in India should be higher than China on a sustained basis.
 

SexyChineseLady

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Admiration from Japan for China semicon's industry :)

Japan was once ahead of the US in semicon too when the Americans knee-capped it:


IMG_3032.jpeg


IMG_3033.jpeg
 

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