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A comment on Xi Jinping personally halted Ant's IPO after Jack Ma snubbed government leaders. Parent comment

Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by dcolkitt on Friday November 13, 2020 @04:02PM (#25087460)
> Not really, 20 years ago maybe? but now that the first tier provinces have mostly caught up economically it's really just a matter of time before rest of china catches up.

This isn't even remotely true. Taiwan has a GDP per capita of $54,000.[1] The two wealthiest administrative division in China are Shanghai at $38,000 and Beijing at $37,000[2]. Moreover it's not an apples-to-apples comparison because those cities are consistently drawing the best and the brightest from the entire country.

[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)... [2] https://en.wikipedia.org/wiki/List_of_Chinese_administrative...

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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by hungryhobo on Friday November 13, 2020 @04:06PM (#25087499)
Can you tell the difference in living standards between 54,000 and 38,000?
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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by mminer237 on Friday November 13, 2020 @04:14PM (#25087591)
I mean, that's roughly the difference between living in western Europe and living in eastern Europe or the Caribbean.
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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by x87678r on Friday November 13, 2020 @04:51PM (#25087931)
Germany 45,466 Poland 15,304

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi...

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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by BobbyJo on Friday November 13, 2020 @04:12PM (#25087550)
It's nearly 50% greater, so I'm sure the difference is palpable.
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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by jbob2000 on Friday November 13, 2020 @04:13PM (#25087558)
That’s a 40% increase in GDP.

Would you take a 40% raise at your current job?

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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by hungryhobo on Friday November 13, 2020 @04:18PM (#25087623)
Heh I like how you interpret data. I think if I'm only earning 70% of what I earn right now, I wouldn't be that much worse
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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by 1123581321 on Friday November 13, 2020 @04:22PM (#25087670)
You clearly make more than $54,000 to say that.
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Re:Xi Jinping personally halted Ant's IPO after Jack Ma snub... by jumpman500 on Friday November 13, 2020 @04:14PM (#25087575)
16,000 per person
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