Re:Trade War Has Damaged U.S. Chip Industry
by adinobro on Friday June 28, 2019 @10:26AM
(#20304593)
There are still almost 50,000,000 people in China that live on less than $2 a day. The GDP per capita is roughly 3x less than the US.
20 years ago there was close to 700,000,000 people living on less than $2 a day and there was no underground subway in all of China. Do you really think this was developed?
A few cities (Beijing, Shanghai, Guangzhou & Shenzhen) are developed (~6% of the country) while the rest is still not very developed but improving.
Should it still be developing? Probably but not for much longer. How much is up for debate. Some say now. I expect it will happen sometime in the next 10 years.
20 years ago there was close to 700,000,000 people living on less than $2 a day and there was no underground subway in all of China. Do you really think this was developed?
A few cities (Beijing, Shanghai, Guangzhou & Shenzhen) are developed (~6% of the country) while the rest is still not very developed but improving.
Should it still be developing? Probably but not for much longer. How much is up for debate. Some say now. I expect it will happen sometime in the next 10 years.