It is not Chinese said China is the World N.o2 economic, official datas speak and annual trade datas with U.S/ Europe/ Japan etc.
I give u two simple examples to explain why Chinese rich in a developing country.
1. in China spend ¥10 to have a lunch, in Japan/Singapore/Malaysia spend $10 to have a lunch.
2. in China to earn ¥1 from total 1.3billion Chinese >> in Japan/Singapore/Malaysia to earn $1 from each citizen.
1 US dollar == 6.24 RMB, income - cost = Chinese can save more money in our wallets.
Compared with Japan/Singapor/Malaysia, Chinese can spend less for living and earn more for work. That's why businessmen and compnay like China market very much !!!
BTW Chinese can produce everything, "Made in China" can earn more foreign money.
cnleio: for you remark:
1. As a traveller, I just come back from Singapore and Malaysia trip. For the lunch, what's your lunch? For example, McDonald's or KFC, we pay 9-15 RM each, equal 3-5USD in Malaysia, Singapore a little more in the matter of fact Singapore is the uptown compare to other city. For a local, they could find cheaper meals. For example, in Vietnam KFC, McDonald's price similar to Malaysia, but low income person could find a lunch with 1.2-1.5 USD easily or bring lunch from home with much cheaper.
Can you just google for big Mac index to see that price level of China for big Mac is not so cheap, compare to Malaysia, Indonesia, India ...?
2. I don't understand much on your example, but China still has not big private savings because the income still low, and the total savings not only for few million, 1 hundred million ... but for social benefit of 1.4 billion. No solely guy could be rich by total savings. but his own saving
a Chinese, average salary 500-600 USD/month, after spend for basic expenses can save 100-200USD / month, 1 year 1,200 - 2400 USD
a Singaporean ( almost Chinese race ) average salary 4,500 USD / month, after spend for his all expenses can save 1,500-2,000 USD, a year 18,000 - 24,000 USD
So who richer ?
The fact that Chinese original person in Taiwan, Malaysia, Singapore, Thailand, Hongkong... earn more than Chinese in China.
Made in China Apple product create profit for Apple, Foxconn ... which are not Chinese citizen.
And can you tell me why Chinese ppl much pay more for Apple products ( Iphone, Ipad) compare to Malaysia, Hongkong? You also must pay more than others for accomodation, cheap for food, drinking but not safer.