☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to China@lemmygrad.mlEnglish · 26 days agoWages in China have increased by 500% from 1994 to 2024, by far the highest rate of increase of any countrywww.visualcapitalist.comexternal-linkmessage-square24linkfedilinkarrow-up185arrow-down11cross-posted to: china@lemmy.ml
arrow-up184arrow-down1external-linkWages in China have increased by 500% from 1994 to 2024, by far the highest rate of increase of any countrywww.visualcapitalist.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to China@lemmygrad.mlEnglish · 26 days agomessage-square24linkfedilinkcross-posted to: china@lemmy.ml
minus-squarecornishon@lemmygrad.mllinkfedilinkarrow-up31·26 days agoChina went from $2 to $16 in 30 years. Meanwhile India went from $2 to $4 in the same period of time. It never ceases to amaze me how stark the difference is between India and China, given that they started from pretty much the same place.
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkarrow-up34arrow-down1·26 days agoIt’s honestly the best proof that China is not capitalist. If it was then it would look just like India today.
minus-squareLeeeroooyJeeenkiiins [none/use name]@hexbear.netBanned from communitylinkfedilinkEnglisharrow-up23·26 days agoI posted yesterday how it’s the best proof of communism being just straight up better than capitalism. India’s had the same foreign investment shit going on too, but look at all they’ve done with it.
China went from $2 to $16 in 30 years. Meanwhile India went from $2 to $4 in the same period of time.
It never ceases to amaze me how stark the difference is between India and China, given that they started from pretty much the same place.
It’s honestly the best proof that China is not capitalist. If it was then it would look just like India today.
I posted yesterday how it’s the best proof of communism being just straight up better than capitalism. India’s had the same foreign investment shit going on too, but look at all they’ve done with it.