And this s why China is now the world's largest economy, GDP-PPP, and now has a standard of living far in excess of the US.
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And this s why China is now the world's largest economy, GDP-PPP, and now has a standard of living far in excess of the US. China built more miles of high speed railway every year than the US has total.
Yet instead of trying to keep up with China, the typical American buries their head in the sand and WISHES it were not true. Well, wishing and populist propaganda is not going to help much, except ease the pain for Americans.
But no worries, China will soon own most of American manufacturing, and start up the American plants again, using cheap slave-wage American workers, to supply the huge Chinese domestic and export market, just like Haier bought out General Electric Appliance Division and is now using American plants and cheap labor to assemble made-in-China parts to service the American markets with allegedly made-in-America-but-in-reality Chinese appliances, all profits going back to China. Just got to love those Trump tariffs. The Chinese are using their tariff income to buy bankrupt American manufacturing.
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And this s why China is now the world's largest economy, GDP-PPP, and now has a standard of living far in excess of the US. China built more miles of high speed railway every year than the US has total.
Yet instead of trying to keep up with China, the typical American buries their head in the sand and WISHES it were not true. Well, wishing and populist propaganda is not going to help much, except ease the pain for Americans.
But no worries, China will soon own most of American manufacturing, and start up the American plants again, using cheap slave-wage American workers, to supply the huge Chinese domestic and export market, just like Haier bought out General Electric Appliance Division and is now using American plants and cheap labor to assemble made-in-China parts to service the American markets with allegedly made-in-America-but-in-reality Chinese appliances, all profits going back to China. Just got to love those Trump tariffs. The Chinese are using their tariff income to buy bankrupt American manufacturing.
Ig I was to compare the black plague with Ebola I could also make it look like a walk in the park. Both of the countries you mention are, politically (!), a huge pile of shit.
Of course China got a high GDP-PPP as the whole world used it as cheap manufacturing plant. However PPP doesn't indicate the quality of goods, just the amount you can buy per unit of currency. An electrical tooth brush from temu might be technically the same kind of product as one from Braun, but definitely not the same. Also the fact they use literal slaves (not just wage-slaves) in domestic production that make cheap shit completely screws up any proper comparison, especially if you dare to also compare quality of life.
Of course they build more infrastructure, they're the country with highest population on earth. Their infrastructure however is cheap shit and already crumbles away. Also, compared to the US any rich country can do better in this regard, that's not hard.
Of course the standard of living in metropolitan areas as of China have a higher chance of being better than in the US given the lack of centralized big box stores and walkability of the area. However the statistics China provides especially for those social things are proven to be full of shit, their suppression of poor people alone completely screws up any comparison. And don't even start with rural areas…
So yeah, you should really stop consuming so much tankie propaganda and comparing two shit show governments.
