Because China has 4.5 times of US pop., so the number does make a difference. The per capita GDP in HuangDong province, now is $5,000 US dollar, and they are targeting $10,000 by 2010. And the per capita GDP in Shanghai now is $6,000 US dollar. And keep in mind, the tax is very low, and underground (cash) business is extremely popular, and housing cost is extremely low comparing to the US stardard (of course, smaller too). So the disposable income is plenty.
BTW, there is NO point to argue here, if you can afford and have the desire, just go to China for a visit. Seeing is believing.
Edit, the GDP number I was talking about is not PPP, it is norminal. |
