Why is china poor if everythings "made in china" ?

They dont looks as developed as other western countries, yet as a whole, china is indeed, very rich. So if they have so much money and make so much things, why are they still poor?

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Reply 1

fallen_acorns

if you have 30 people, and each person has £10 - then you as a group are worth £300

if you have 300 people, and each are worth £2 - then you as a group are worth £600, but each individual is 5x poorer then the first group.

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China as a country is rich, but with such a huge population (1.357 billion) Chinese people by and large are not..

Its worth noting though that this is changing quickly, Currently I live in china, and my city is building a new very modern metro system, we have high speed trains, great faciltiies all around, a modern airport etc. etc. Its taking a while to catch up, but china massivly out invests the west in terms of infrastructure and investment, and as a result its catching up in terms of quality very quickly...

Reply 2

Napp

1] A huge number of people thus money wont go as far
2] very large peasant population still in the country
3] low cost low tech labour = low wage
4] no one really knows how rich they country is as its widely believed they cook the books
5] it's only become a heavily industrialized 'modern' country relatively recently so any trickle down wealth for the hoi polloi will take time still.

Reply 3

username1022139

Original post by sabrinaa1234

China is not a poor country, even in terms of GDP per capita.

Reply 4

silverbolt

You see it a lot in East and South Asian countries - cities like Bangkok, Hong Kong, shang Hai, Hanoi, Phnomh Penh are first world bustling metropolis but thats where the wealth is located (and even then these cities have large what we consider to be slums areas). The outlying countryside is much much poorer

Reply 5

username2488767

I'm sure we did about this in GCSE geography. I think at one point it was illegal to make a profit in China from your business as their culture says that no one person should be more well off than anyone else

Reply 6

jamesthehustler

Original post by sabrinaa1234

because of virtual slave labour for a lot of the population
cars only became available to the majority in 2005
but the tide is turning in wealth they come to London on big budget shopping trips for luxury goods and antiques

Spoiler

Reply 7

chrisvon

"Made in China" yes it is. Therefore the country is never been poor. Well as far as I know big companies invest in China(from different brand to famous to not so famous brands), they chose China due to it's cheap manpower.

Reply 8

username1177050

Hint: China is not poor

Reply 9

PTMalewski

It takes some time to build things you know, but China isn't poor anymore. Lots of their cities look a lot better than European cities, and a Chinese worker in cheap shoes factory have better salary than Polish worker in engines factory.
Everything in Europe, east from Germany, is poorer than China.

Reply 10

Brahmin of Booty

It's nowhere near as poor as stupid Europeans think. I walk down the streets of London and think parts of it look like third world slums, eastern European factory workers have lives which are just as tough as Chinese production line workers.

Maybe the real travesty is how much we've been convinced Europe is the best place in the world.

Reply 11

Gorillion

Original post by sabrinaa1234

Because they have a population of 1.4 billion.

Reply 12

IYGB

Original post by sabrinaa1234

Rich will have to filter down from the top

Reply 13

Brayden Lyle

China is not poor. First of all, they have the large population; therefore, they completely have no difficulties in seeking consumers (in terms of enterprise), for example, the website of Alibaba. This is one of the biggest advantages of China. Secondly, China of these days is far different from China under Mao Zedong, both leaders and people seems more open-minded and the knowledge of Chinese people is increasingly promoted. Frankly, their potential is not smaller than any other countries.

(edited 7 years ago)

Reply 14

amylaraman

Original post by sabrinaa1234

Everything is made in china = cheap labor

Reply 15

Make39kButNoHoes

Basically Wen king fast has 10k

huan pong has nothing and struggling to survive

huan pong can set up a factory selling t shirt with profit margins of 10quid and giving huan pong 10p a day. The wealth isn't distributed equally.

Reply 16

h333

I wouldn't say China is a poor country overall. It is an amazing place and very beautiful too :h:

Every country in this world probably has some breathtaking and stunning areas as well as poor and not so developed ones too.

Reply 17

Rirjfbfn

China isn't poor and not everything is made in China

Reply 18

rosemondtan

China WAS poor. China is definitely not poor now as a country and if you're referring to wealth gaps, it has improved significantly in China. In fact, China and India's rate of growth is increasing faster than any European nation in this day and age. This is gonna be a pretty hard pill to swallow but Asia is where the wealth is now.

Reply 19

Helg

Original post by fallen_acorns

What would happen if hypothetically the Chinese labour organised and demanded greater pay for their work; would the standard of living rise or would the investors diverge elsewhere?