You might snicker at a GDP personal parity of $15,000 USD 2025 for the average Chinese person, like I did when looking at that number at first, since such an income would be abject poverty where I live, where you have to have a household income of at least $55,000 to even have a basic apartment, used car, nothing fancy, its impossible to have a full normal working poor life where my wife and I live on anything below $55,000 per year in income after taxes, otherwise you would require government assistance. But everything in China is cheaper, & more importantly during its growing industrial main sequence it was much much cheaper than today, the cost of labor in 1980' China was around $1 USD 1980/ hour, building a factor was cheap & the CCP was super friendly to foreign investment, helping anyone who wanted to make something in the PRC at every level to build the manufacturing, setup supply chain for inputs, sign legal documents, get power setup, housing, people to man the factory, they literally pioneered rapid industrialization better than any other country in the history of the world.
If we consider the purchasing parity of $15,000 USD2025 in China, that's like have $95,000 Euros 2025 in terms of what it enables a Chinese person to buy in terms of housing, clothing, vehicles, goods.
How to Grow an Economy
The CCP setup infrastructure investments via State Owned by CCP capital invested, building power plants, steel plants, copper plants, rare earth mines, roads, rails, airports, all the critical essential inputs of energy, water, sewer, building, roadways & rails, all connected, with continual investment into education, research, science, technology, a potent mix of private foreign investment with brutal efficiency CCP infrastructure build out, and even though that resulted in some ghost cities or ghost towns, or roads to no where, China went on a building spree for the last 30 years, really the last 50 years, and even as far back as 80 years ago, and has been an Ally of USA the entire time.
Capital or Money or Currency, think Value Added Profit, Invested into Development of Primary Inputs
Talent Creation Education, Higher Education, Experts, Research, Science, Innovation
Technology Means Applying Intelligence to Materials to Make High Value Added Goods & Services
Value Added Economic Growth Created when Intelligent People Motivated to Make Money (Profit) work as teams with collaborating other teams, to apply emerging information to make improved new better innovative products & services that they then market & sell to people who want it to make their lives better, and with tens of millions of people, all doing that in different ways, a giant economy of vibrant mix of different industries emerges, mixing power, intelligence, humans collaborating, to build, create, fix, repair, update, upgrade, to make it happen making the economy grow.
20th Century & Prior Economic Miracle
The Problem with Europe & also America is that they underwent peak economy growth more than 100 years ago, that is England or the UK, the Netherlands or Dutch, the Germans or Germany, Italians or Italy, French or France, & Spain or Spanish, while America was the new up & coming multi economic miracle mixing soft social programs like social security during an era of government investment in hydro dams for clean power & electricity & to irrigate farms in the American southwest where sun means more farm output, and into highways, rails, roads, cities, colleges, universities, hospitals, power, sewer, water, natural gas, & heave innovation in core science & core technology development from 1950 to early 2000, the US was the leader in all matters of innovating products & services.
America Pioneered Made In China
In many ways in the 1960s, all the business people in the US moved factories out of America to China because they obtained a 3X advantage in lower operating costs, with easier cheaper factories, cheaper labor, better access to materials and supplies, excellent logistics for export to global markets, China set up the means and mechanism to enable foreign investors to bring trillions into China, then by cloning and copying at first, the Chinese learned the core technology, started teaching it to Chinese people in school, and by early 2000's PHD level Chinese scientists & tech experts were working directly with industry in China to innovate applied technology, while costs of everything in China were still lower than America or Europe.
China Becoming Expensive Now
Today in 2025 the cost of living in China on the rise & the CCP companies are outsourcing to cheaper parts of Asia like Viet Nam, Laos, Cambodia, India, Bangladesh, places where labor really low cost, where government ready to partner to bring in money and economy growth, where its like 1980 China when European & American companies kept coming to build industrial production of everything, such that China became the worlds manufacturing hub, well that created so much progress that now Shenzhen so expensive in terms of housing, retail rent, building costs, factory costs, that its not cost efficient to make electronics there anymore, so FOXCONN builds factories in CCP in cheaper cities like FEZ in rural areas where all such things are less costly, but they are running out of poor cites with the correct capacities in China, so many Chinese companies are outsourcing to cheaper markets now.
Where did Hard Drives come from, America
How about Computer History, America
Satelite Commercial, America
Automobiles Mass Produced, America
Software Industry, Search Engines, Apps, America
Industrial Farms, Highways, Freeways, Air Travel, America
During the 20th Century America was sizzle popping in terms of Economic Progress from 1950 onward, though by 1971 Richard Dildo Nixon took the US dollar off the Gold Standard, so after 1973 OPEC oil spaz, the Economic Growth in GDP & real wage increases virtually stopped in America. In other words while people income continues to increase in America, the number of misleading because inflation from Fiat quantum easing means the real purchasing power of Americans has been stagnant since 1974, with no real increasing in actual wages in terms of what that weaker money today actually buys. I have complained for years now, about unaffordable housing nearby, where homes that sold for around $100K in 1980s are selling for more than $1 million today, while wages did not go up like that, so much elder poverty exists because their social security payments are fixed at 1999 levels while gasoline, groceries, clothing, medications, everything else in terms of lifestyle basics for consumption to live has become 2X or 3X or 4X more expensive, making more older people proportionally more poor with time.
Spain was the world's economic superpower in the 1700's, France slightly later, England after that, Germany, America, Italy, Japan
Toyota Lexus makes the highest quality vehicles in the world, a product of the Japanese industrial miracles from 1960 to 2002 & Toyota a major part of the Japanese economy today.
South Korea took off after 1970 & the economy of South Korea will peak in about 2030, like the US Economy peaked in 1968. The German Economy peaked by 2004. The Italian economy peaked by 2014. These are my loose opinions, but the main idea is that the G7 countries already peaked long ago, while China not only has no national debt & hundreds of billions in surplus, they also have been stockpiling real gold coins and bars, since the Chinese Yuan a weakening fiat currency, worse than the dollar, part of why it was so much cheaper for so long to Made in China manufacturing on many levels. I think the Chinese Economy will peak in 2080, then new up and coming like Philippines, Malaysia, Singapore, Laos, Cambodia, Viet Nam, those cheaper countries will have economic peaks in the 2100 years, since they have not accelerated yet. India has at least 50 more years of rapid economic growth.
So if you want to invest, invest in economies that are up & coming undergoing early industrialization with lots of room for ongoing economic growth, while the labor & everything else in those counties is still cheap so manufacturing stuff there gives your company a huge profit advantage.
