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China also has 800 million people making less than $100/month. where do you think the millionaires and billionaires in China skimmed their wealth from?
by pragmomm 2y ago
China also has 800 million people making less than $100/month. where do you think the millionaires and billionaires in China skimmed their wealth from?
- ricochet11 2y agosource? or did you mean $1000/month?
- pragmomm 2y agohttps://www.cnbctv18.com/economy/china-has-over-600-million-poor-with-140-monthly-income-premier-li-keqiang-6024341.htm https://www.cnbctv18.com/economy/china-has-over-600-million-... the updated 2023 estimate is in mandarin
- refurb 2y agoWhile China has made great strides people dont seem to understand that the vast majority of Chinese have the kind of wealth you'd see in a developing country like Thailand or Indonesia. They are nowhere close to the Us or Europe.