Sigh. It was hyperbole. You took, the point, right? They were the poorest of the poor, and now their iPhones jiggle in their pockets as they dance on the world stage with the big kids.
Also, "median".
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...
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.
https://en.wikipedia.org/wiki/List_of_countries_by_wealth_pe...