Li Keqiang says 600 Million Chinese Citizens Earn Monthly Incomes of Just USD$140

[Viva_Viet]

Yes, actually Chinese and Vietnamese have a lot of natural affinities. I see a lot of overseas Chinese and Vietnamese communities are very close by:
https://en.wikipedia.org/wiki/Little_Saigon

Yeah....in VN, 370-390 usd/month is enough to make VN workers so happy cos Covid make so many ppl lost jobs and even seek for 200 usd/month part time job just to survive. Well ,but Luxshare still pay us up to 430 usd/month, thats really a great respect from CN boss to Vnese.

Good CN companies really wanna stay for a very long time in VN now and the bosses respect Vnese with their warmest hearts. So, we have No reason to dislike CN bosses, CN ppl now

 

[Globenim]

Income conflated with disposeable income
National income conflated with rural income
Yearly income conflated with monthly income
Household income conflated with per capita income
Gross adjusted income conflated with non adjusted income
Yuan denominated liabilities conflated with Dollar denominated liabilities

Who could have thought our Vietnamese and Indian members are so desperate to get it wrong even when faced with some plain facts.

 

[LeGenD]

Members are requested to respect the rules of the forum while conversing. Thank you.

 

[Viet]

Li wasn't being exact though. He meant monthly household disposable income per household member.

https://www.caixinglobal.com/2020-0...ome-less-than-141-is-that-true-101564071.html

Still not much though

If you divide $140 thru 30 days you have $4.60 per day.

Let’s say you have 3 meals per day you can only pay $1.53 per meal.

How much you pay for a chicken rice?

Unless you live in your own house, grow vegetables in the garden, ginseng on balcony, make clothing yourself, self generate water and electricity

then good luck.

 

[ILC]

Actually 75% of these people lives in rural areas, so probably most have its own chickens.

 

[Mista]

Still not much though

If you divide $140 thru 30 days you have $4.60 per day.

Let’s say you have 3 meals per day you can only pay $1.53 per meal.

How much you pay for a chicken rice?

Unless you live in your own house, grow vegetables in the garden, ginseng on balcony, make clothing yourself, self generate water and electricity

then good luck.

Yes, it's not much. China is still a developing country after all.

 

[Viet]

Yes, it's not much. China is still a developing country after all.

Nonsense
China is not a developing country.
I can’t accept such favorite status for China.
A country with GDP per capita $10k, with Hsr, submarines, oil rigs, space exploration, 9 dash lines, trillion dollars in assets, Bri program, can’t be @developing.

China has income inequality. But that’s nothing special about that.

600 million chinese have little. That means 800 million have more than little.

 

[IblinI]

Nonsense
China is not a developing country.
I can’t accept such favorite status for China.
A country with GDP per capita $10k, with Hsr, submarines, oil rigs, space exploration, 9 dash lines, trillion dollars in assets, Bri program, can’t be @developing.

China has income inequality. But that’s nothing special about that.

600 million chinese have little. That means 800 million have more than little.

600 million is just about the number of youth+old, mr viet.

 

[Globenim]

Still not much though

If you divide $140 thru 30 days you have $4.60 per day.

Let’s say you have 3 meals per day you can only pay $1.53 per meal.

How much you pay for a chicken rice?

Unless you live in your own house, grow vegetables in the garden, ginseng on balcony, make clothing yourself, self generate water and electricity

then good luck.

You might not be familiar with it because you seem to be a typically badly integrated Vietnamese immigrant with less knowledge about your host country than a single afternoon in a local bar talking to nationals on a business trip can provide, but German people are supposed to live a decent live on a roughly $450 monthly personal budget as per government decree. That's one of the more "developed" countries in the world.

You really want to gloat about $140 in rural China?

Of course that is grossly taken out of context and doesnt consider excemptions and benefits but that the whole gist of this retarded thread.

 

[Viet]

600 million is just about the number of youth+old, mr viet.

Ah understood, the number of working population
But as said I can’t accept developing status for you.
You must pay full tax.

 

[Beast]

Chinese here on PDF keep saying people in China have a high standard of living but you ignore the vast majority of your population who simply don't.

The fact is there are many farmers who daily get behind their oxen and work the fields.

Its a deception tactics. You american keep taking the bait and its smart think to talk about. Havent you learn your lesson yet for China peaceful rise for 20 years?

https://defence.pk/pdf/threads/the-...y-advisor-robert-obrien.673421/#post-12483831

 

[Viet]

You might not be familiar with it because you seem to be a typically badly integrated Vietnamese immigrant with less knowledge about your host country than a single afternoon in a local bar talking to nationals on a business trip can provide, but German people are supposed to live a decent live on a roughly $450 monthly personal budget as per government decree. That's one of the more "developed" countries in the world.

You really want to gloat about $140 in rural China?

Of course that is grossly taken out of context and doesnt consider excemptions and benefits but that the whole gist of this retarded thread.

if you quote then should be correct.
The government of Germany provides 432 euro in cash per person as existential minimum per month. That’s about $500 for foods, electricity, transfer cost.
The rest is also covered by the government. Health care, retirement fund, training,
Appartement with all necessary assets as TV, kitchen, couch.
In sum all in all $1,000 per month.
Nobody needs to sleep under a bridge.

https://www.hartziv.org/regelbedarf.html/amp

 

[Hamartia Antidote]

Its a deception tactics. You american keep taking the bait

Odd I thought this forum was mostly Pakistani's. I think your target isn't Americans.

 

[Beast]

Odd I thought this forum was mostly Pakistani's. I think your target isn't Americans.

 

[Hamartia Antidote]

http://www.xinhuanet.com/english/2020-07/04/c_139186906.htm
China offers more loans for poverty alleviation

BEIJING, July 3 (Xinhua) -- China will offer more small loans to the impoverished as part of efforts to win the battle against poverty, according to an official circular.

The circular, jointly released by the China Banking and Insurance Regulatory Commission and other three government departments, pledged wider coverage of microloans for poverty alleviation and consistent implementation of existing policies.

To mitigate the impact of COVID-19 on poor borrowers, the repayment period for poverty alleviation microloans will be further extended, said the circular.

It also stressed more efforts to control the risks of poverty alleviation microloans.

Launched in 2014, the microcredit product refers to loans under 50,000 yuan (about 7,078 U.S. dollars), with favorable terms, to support poor families.

China has offered 444.35 billion yuan in poverty alleviation micro-credit support as of the first quarter this year, contributing to the cause of helping the poor develop production, shake off poverty and become rich, as well as advancing the development of financial markets in poverty-stricken regions. Enditem