News for hackers. Stuff that matters.
Re:What being filthy rich in China looked like in 1, 1000, a... by logicchains on Tuesday October 24, 2023 @09:19PM (#38007987)
>There isn't any reason to think the average Chinese person will permanently keep producing 1/6th as much value as the average American

It's entirely possible given how the current Chinese government has forsaken its previous commitment to economic liberalisation and is moving towards more and more state control of the economy. If it moved close enough to the approach of Maoist China (or current North Korea), it could go decades without seeing any meaningful growth in GDP per capita, much as North Korea doesn't see any significant GDP growth.

Re:What being filthy rich in China looked like in 1, 1000, a... by TapWaterBandit on Wednesday October 25, 2023 @02:17AM (#38009723)
I agree with this. China outstripping the USA honestly seems inevitable to me barring state control of the economy crippling their development.

So somewhat ironically, if the USA/West wins their political battle to liberalise China, China would almost certainly become the dominant nation within the "Western/Modern" coalition.