the_dunk_tank

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China seeks food security, but at what cost? (hexbear.net)

submitted 1 year ago by [email protected] to c/[email protected]

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https://nitter.net/TheEconomist/status/1690713079405768704

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[–] [email protected] 3 points 1 year ago (2 children)

https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm

Purchasing power parity of China is 4.022. So let's look at the overall poverty line of $2.30 in China. That would be equalivent to $9.25 a day in America, or $3,376 a year.

China makes their poverty rates appear so low by making their poverty line absolutely ridiculous and actually much lower than comparable countries.

Of course I couldn't any PPP rates for just rural China (although it's pretty obvious $3,376 isn't going to suddenly becoming $30,000 because it's rural), but see this:

Our results indicate that the mean subjective poverty line of the rural households is 8297 yuan per capita, which is far higher than the national poverty line (2800 yuan). Statistically, 29% of the surveyed rural households who are not objectively poor feel subjectively poor.

[–] [email protected] 43 points 1 year ago (1 children)

29% of people who are not objectively poor feel subjectively poor?

I said that amount is livable in China. That study is about people's feelings. Hardly related

Not to mention I work in Silicon Valley as a software engineer and it's literally common for people here to be making 200-400k to complain about being poor and not saving much all the time

How many people living in the Midwest or the south on a 20k salary do you think would feel subjectively poor?

[–] [email protected] 2 points 1 year ago (1 children)

Conveniently ignoring the fact a $3.3k salary isn't livable anywhere in America.

Spoiled middle class westerners complaining about being poor is totally different LMAO. Americans will complain about being poor when living in a decent house in suburb, being poor is seen totally different in 2nd and 3rd world countries that are, yknow, struggling much moreso.

[–] [email protected] 46 points 1 year ago* (last edited 1 year ago) (1 children)

Conveniently ignoring the fact a $3.3k salary isn't livable anywhere in America.

Well that's why the American poverty line has been calculated to be 14500

14500 is the poverty line in America and 845 is the poverty line in China

PPP isn't a perfect comparison between every single combination of all 200 countries in the entire world

But the poverty line is specifically calculated for every single country

[–] [email protected] 2 points 1 year ago (2 children)

Lol. $845/yr is the number the CCP conveniently made up to make poverty rates seem lower than they actually are. If the poverty line was the same as comparable countries to China, it would be almost double ($5.50 a day instead of $2.30, or adjusted for PPP $8k/yr instead of $3.3k).

Despite the fact that China is classified as an upper-middle income country, China’s official poverty line is only a little higher than the universal global poverty line. Applying the World Bank upper-middle income poverty line of $5.50/day to China would mean almost a quarter of Chinese still live in poverty.

[–] [email protected] 24 points 1 year ago (1 children)

Applying the World Bank upper-middle income poverty line of $5.50/day to China would mean almost a quarter of Chinese still live in poverty.

13% = 25%? (from a very biased source too btw)

Despite China "still being poor" or whatever, the fact of the matter is that povery line go sharply down so China is becoming more gooder by the year. While in the country whose policies you support, poverty line stay same, not become gooder.