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Old 03-06-2013, 08:39 PM
 
Location: Milan, Italy
263 posts, read 823,408 times
Reputation: 201

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Quote:
Originally Posted by Bettafish View Post
Nice try, but China's GDP per capita is higher than Philippines etc., and is twice of India's.
The total GDP is only second to the US.
And you put it under Cambodia, India, and Bangladesh? Are you from the Mars?
China Overview

Media here in Italy always portrays China as a poor country... I'm sorry.

I mean, North Korea also has very rich people, but not many at all. Less than something like Bulgaria... but 33% of the country is incredibly malnourished, and 60% is living in poverty. That's just a rough estimate, it's quite possible that in NK they have 80% poverty rate. The country does not provide at all, you are born there, it's your fight for survival.
No, I am not comparing China to North Korea, I'm just saying that every country has a rich class.
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Old 03-06-2013, 08:43 PM
 
9,334 posts, read 19,549,459 times
Reputation: 4456
Quote:
Originally Posted by FightForFreedom View Post
I've always randomly wondered this... would it be in order -

Singapore
Hong Kong
Japan
South Korea
Thailand
Malaysia
Phillipines

and then least wealthy
Cambodia
India
Bangladesh
China
North Korea

I know this may be an odd thread, haha...
By what measure? GDP? HAve you done a google?
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Old 03-07-2013, 06:57 AM
kyh
 
Location: Malaysia & Singapore
383 posts, read 1,070,904 times
Reputation: 143
Quote:
Originally Posted by FightForFreedom View Post
China Overview

Media here in Italy always portrays China as a poor country... I'm sorry.

I mean, North Korea also has very rich people, but not many at all. Less than something like Bulgaria... but 33% of the country is incredibly malnourished, and 60% is living in poverty. That's just a rough estimate, it's quite possible that in NK they have 80% poverty rate. The country does not provide at all, you are born there, it's your fight for survival.
No, I am not comparing China to North Korea, I'm just saying that every country has a rich class.
North Korea's rich/upper class is almost wholly composed of corrupted government officials and their cronies. Wealth and food are literally denied to the commoners, and hence why poverty and famine rates are extremely high (while the rich officials indulge in caviars and champagnes). China's middle and upper classes extend to the masses. Just look at the burgeoning growth of Shanghai, Beijing, and Guangdong over the course of the last 20 years. Or the number of Mainlanders queuing in front of the luxury boutiques of Paris, Milan, and Rome.
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Old 03-07-2013, 07:55 AM
 
Location: Woodbridge, VA
82 posts, read 203,823 times
Reputation: 36
  1. Qatar 102,800 2012 est.
  2. Macau 74,900 2011 est.
  3. Singapore 60,900 2012 est.
  4. Hong Kong 50,700 2012 est.
  5. Brunei 50,500 2012 est.
  6. United Arab Emirates 49,000 2012 est.
  7. Kuwait 43,800 2012 est.
  8. Taiwan 38,500 2012 est.
  9. Japan 36,200 2011 est.
  10. Korea, South 32,400 2012 est.
  11. Israel 32,200 2012 est.
  12. Oman 28,500 2012 est.
  13. Bahrain 28,200 2012 est.
  14. Saudi Arabia 25,700 2012 est.
  15. Russia 17,700 2012 est.
  16. Malaysia 16,900 2012 est.
  17. Turkey 15,000 2012 est.
  18. Kazakhstan 13,900 2012 est.
  19. Iran 13,100 2012 est.
  20. Azerbaijan 10,700 2012 est.
  21. Thailand 10,000 2012 est.
  22. East Timor 9,500 2012 est.
  23. China 9,100 2012 est.
  24. Turkmenistan 8,500 2012 est.
  25. Bhutan 6,500 2012 est.
  26. Sri Lanka 6,100 2012 est.
  27. Jordan 6,000 2012 est.
  28. Georgia 5,900 2012 est.
  29. Armenia 5,600 2012 est.
  30. Mongolia 5,400 2012 est.
  31. Syria 5,100 2011 est.
  32. Indonesia 5,000 2012 est.
  33. Iraq 4,600 2012 est.
  34. Philippines 4,300 2012 est.
  35. India 3,900 2012 est.
  36. Uzbekistan 3,500 2012 est.
  37. Vietnam 3,500 2012 est.
  38. Laos 3,000 2012 est.
  39. Pakistan 2,900 2012 est.
  40. Cambodia 2,400 2012 est.
  41. Kyrgyzstan 2,400 2012 est.
  42. Yemen 2,200 2012 est.
  43. Bangladesh 2,000 2012 est.
  44. Korea, North 1,800 2011 est.
  45. Burma 1,400 2012 est.
  46. Nepal 1,300 2012 est.
From wikipedia List of countries by GDP (PPP) per capita - Wikipedia, the free encyclopedia

I wonder how East Timor is ranked #22, above China and the rest, though.
Or:


Richest Asian Countries

  1. China: $11.3 trillion (up 37.6%)
  2. Japan: $4.44 trillion (up 2.3%)
  3. India: $4.42 trillion (up 30%)
  4. South Korea: $1.6 trillion (up 15.4%)
  5. Indonesia: $1.1 trillion (up 23.5%)
  6. Taiwan: $875.9 million (up 18.1%)
  7. Thailand: $602.2 million (up 10.0%)
  8. Pakistan: $488.4 million (up 12.8%)
  9. Malaysia: $463.7 million (up 15.8%)
  10. Philippines: $391.1 million (up 18.1%)

World's Richest Countries
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Old 03-07-2013, 08:27 AM
 
6,762 posts, read 6,689,630 times
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Besides GDP per capita and individual income, we should also consider infrastructure (buildings, transportation...), education, medical services... These also determine what people receive.
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Old 03-07-2013, 09:20 AM
 
Location: In the heights
22,520 posts, read 24,012,338 times
Reputation: 11860
Quote:
Originally Posted by Bettafish View Post
Besides GDP per capita and individual income, we should also consider infrastructure (buildings, transportation...), education, medical services... These also determine what people receive.
A lot of that sounds very close to what the Human Development Index (HDI) tries to measure, at least by proxy through the results of things such as infrastructure, education and medical services. Here's a list of countries by HDI. There's also a lot of lists compiled with subnational entities such as states or provinces which for larger and more populous countries such as India and China, makes a lot of sense.

Here's also another list of countries by HDI but here adjusted for inequality--which is a bit more inconclusive (missing data for some countries).

Word of caution though, it's generally the countries themselves who are supplying the data and some places aren't as accurate a bookkeeper as others though I think these should give a pretty good rough estimate.
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Old 03-07-2013, 08:40 PM
 
1,380 posts, read 1,829,496 times
Reputation: 980
Quote:
Originally Posted by FightForFreedom View Post
China Overview

Media here in Italy always portrays China as a poor country... I'm sorry.

I mean, North Korea also has very rich people, but not many at all. Less than something like Bulgaria... but 33% of the country is incredibly malnourished, and 60% is living in poverty. That's just a rough estimate, it's quite possible that in NK they have 80% poverty rate. The country does not provide at all, you are born there, it's your fight for survival.
No, I am not comparing China to North Korea, I'm just saying that every country has a rich class.
Don't you just love Berlusconi? The Italian media is notoriously terrible. People in this thread should excuse him for making that mistake.
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Old 03-09-2013, 04:30 AM
 
4,759 posts, read 3,671,138 times
Reputation: 7430
Italians as a people are fun loving but sloppy and lazy. This to a large extent explains why they are part of the PIIGS that is threatening to bring down the whole Euro zone. Fun loving and lazy, and think lowly of the hardworking Chinese. I hope China does NOT bail out Italy.
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Old 03-09-2013, 09:13 AM
 
208 posts, read 224,821 times
Reputation: 231
GDP by PPP figure is not a good measure of wealth because the quality of the products in different countries are not taken into account.
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Old 03-11-2013, 05:28 PM
 
Location: Milan, Italy
263 posts, read 823,408 times
Reputation: 201
Quote:
Originally Posted by Capsuleneo View Post
GDP by PPP figure is not a good measure of wealth because the quality of the products in different countries are not taken into account.
So what do you suggest is?
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