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- #221
So are 900 million "very poor"? Is China overall a "poor country"?Link that 900 mil are "very poor"
Poverty is relative, but let me try to put it this way...
China GNP before Covid-19 was just below the U.S.A level, based on a productive (rather than just a financial) economy. It has roughly 4X the population.
As you surely know it has millionaires and billionaires, a big "middle class," and also extremely poor people recently moved into cities from wretched rural poverty. But on average it remains poor by U.S. standards, with 1/4 the income per capita, suffering more pollution and corruption and competition to get ahead.
From my experience living there for eight years, hard work, discipline, striving for education and family values are all important parts of Chinese culture. Finally, the horrors and tragedies of their recent past make most Chinese happy to be "richer" than ever before.
Just trying to explain some basic aspects of Chinese reality that Americans often overlook...