The new China

The modern country known as The People's Republic of China.
This country has beautiful cities, beautiful pop culture and a powerful army.

Category:

Education

Tags:

• PRC
• People's
• Republic
• of
• China
• modern
• cities
• pop
• culture
• beautiful
• girls
• PLA

[66catman1]

want lazy workers stay in china . want quality workers move to U.S. chinese workers are paid $4 an hour and $8 is around the corner . MOVE back to U.S and it will cost you less .

[TaiwaneseEatShits]

♦♦♦ ATTENTION ♦♦♦

THE NEW CHINA FUCKS TAIWAN !

[karezza6]

@heymikey979

China's massive population will be destroyed by plague and disease.

[MrAndrejulian]

Are you guys serious? China is surpassing the US. PLEASE YOU GUYS HAVE STOLEN EVERYTHING YOU CLAIM TO HAVE. THE JAPS THOUGHT JUST LIKE YOU GUYS NO I TAKE THAT BACK THEY HAD MORE CLASS THAN THAT. IT WONT HAPPEN THE US IS THE NEW ROMAN EMPIRE SO I FIGURE WE HAVE ANOTHER THREE HUNDRED YEARS OF RULE!

[dobinrobin1]

Finally, guessing the future of an economy over decades using straight line predictions is fraught with danger. We cannot assume the future is certain and cycles, rather than linear growth, are the general rule. We must remember that China is ageing rapidly due to the one child policy and the huge increases in productivity to date by bringing marginal agricultural labour to work in factories providing cheap labour may be coming to an end. Good luck to everyone, we are all humans in the end.

[dobinrobin1]

I also agree that quality of life matters and GDP is a narrow indicator. For example, in China people's income as a percentage of GDP is lower than in many other countries, so just using GDP as an indicator may actually overstate Chinese incomes. In addition, GDP doesn't take into account environmental and social costs, with unprecedented air and water pollution contributing to decreased quality of living as well as many deaths each year.

[dobinrobin1]

The prediction re: China becoming developed by 2080 comes from research by The China Centre for Modernization Research under the Chinese Academy of Sciences. I can't seem to post a link but it's easy enough to find.

I must admit I haven't seen any projections saying that Chinese GDP per capita will catch up by 2040-2050. Would be interested in where this research can be found.

[dobinrobin1]

You need to understand that purchasing power parity already takes into account the difference in prices between countries, so the PPP figure of $8394 vs the nominal figure of $5184 (4500 must have been 2010) takes into account the effect of lower prices. Having lived in China and travelled widely, I can assure you that it's not as cheap as you might think and inflation is extremely high. Shanghai property prices are 50 x average incomes in some parts.

[dobinrobin1]

Hi I'mjustthatguy, I don't mean to underplay the many significant achievements that China has made, it's just that I find that a lot of completely unrealistic claims, such as that they are already rich, are bandied about, when the opposite is the case. In terms of purchasing power parity, the IMF puts China at number 90 in the wold with $8394 in 2011. Qatar is at the top of the list with $102, 891.