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A comment on China's startup ecosystem has almost completely collapsed in the last 5 years. Parent comment

Re:China's startup ecosystem has almost completely collapsed... by pragmomm on Friday September 13, 2024 @12:15AM (#41527982)
viable alternative for maybe 20 million upper class people in China. 800 million others are making less than $100/month.
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Re:China's startup ecosystem has almost completely collapsed... by DiogenesKynikos on Saturday September 14, 2024 @07:45AM (#41539179)
There are more than 20 million people in Shanghai alone, not to mention Beijing, Guangzhou, Shenzhen, Tianjin, and all the other rich cities in China.

The average income in China is around $1000/month, and I frankly don't trust your claim that more than half the population lives on just 10% of that.

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