Am I tripping or the article called China a developing country? It says at the very beginning China and several OTHER developing countries…
If that’s the case I’m stunned because if the second(being very charitable here) economy of the world is a developing country then the US is the only developed one? Or Europe is ahead of China now?
I say that China is one of the rare few developing countries in the world. Most of the developed and developing countries change kinda laterally where the atmosphere drifts along with the cultural and technological developments. Like India is still ranked below DPRK in the world hunger index even though hundreds of millions have mobile phones. China is one of the few places where things are holistically getting better even though there is still much work to be done.
China is still a developing country. Though they do have a massive economy and have made massive progress towards improved QOL, they still have a long way to go. It isn’t just about the economy being big, it’s also relative to population size and general poverty/development. China’s cities are very well developed, but the rural areas are lagging behind.
Still I don’t see how it’s a developing country, the poverty indices are extremely low quality of life very good, by that metric the US should be an undeveloping country with its job crisis opioid epidemic, real estate prices running rampant, I just don’t understand the metric of what is a developed country if China isn’t one
Well, a big part of it is so that’s probably the simplest answer. The west decides the rules on this and then predictably applies it to the rest of the world. They don’t have an “undeveloping” or “de-development” metric, or else practically every western nation would fall under it.
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