Half their population, 700M people, can't afford the iphone. The annual income for rural residents averaged $1,797 last year https://www.scmp.com/news/china/society/article/2089654/chin...
> And now their grandkids are almost as rich as Americans. False. US: mean wealth $388,000. medium wealth $55,000. gdp per capita: $60000. China: mean wealth $26,000. medium wealth $6,000. gdp per capita: $8000.…
Half their population, 700M people, can't afford the iphone. The annual income for rural residents averaged $1,797 last year https://www.scmp.com/news/china/society/article/2089654/chin...
> And now their grandkids are almost as rich as Americans. False. US: mean wealth $388,000. medium wealth $55,000. gdp per capita: $60000. China: mean wealth $26,000. medium wealth $6,000. gdp per capita: $8000.…