You need to divide the development by the population size. China’s GDP PPP per capita is still below that of Mexico. In order to be on par with the US, China still needs to grow 4x.
Also, while the eastern, coastal regions of China are very developed, the western regions are not.
Still strikes me as arbitrary stuff like how much of the rural us is quite undeveloped, plus how much of the population live in poverty or hanging on by a thread with a job that if they loose they’ll die from lack of proper treatment from a disease. The parameter of development seems to be tailored to fit western countries
You need to divide the development by the population size. China’s GDP PPP per capita is still below that of Mexico. In order to be on par with the US, China still needs to grow 4x.
Also, while the eastern, coastal regions of China are very developed, the western regions are not.
Still strikes me as arbitrary stuff like how much of the rural us is quite undeveloped, plus how much of the population live in poverty or hanging on by a thread with a job that if they loose they’ll die from lack of proper treatment from a disease. The parameter of development seems to be tailored to fit western countries