China’s middle class not so rich after all
More recently, the National Bureau of Statistics put out an official definition for the first time, where it stipulated that people earning a monthly income of RMB 2,000 (US$295) to RMB 5,000 (US$740) constituted as ‘middle income’ earners in China. This is far lower than the average in OECD countries.
In fact, a 2015 report by the investment banking firm UBS and PricewaterhouseCoopers puts the size of China’s middle class at only about 109 million people – by setting a higher income threshold between US$50,000 and US$500,000.
Official Chinese calculations would assign such wealthy Chinese in the ‘high income’ bracket.
Exactly. Africa has a bulk of the world's precious minerals that will be necessary to moving toward green energy and feeding the growing need for new tech. This is the continent's chance to grab some power.
What atrocities have Russia or China committed against African descendants through out history?
Russia was Africa biggest ally during the 40s 50s 60s
China buying everything with their newfound wealth. They are buying up half of Italy wine fields. Buying up Vancouver Canada and half of America. Buying up land in Pacific Islands while creating deals with Africa/South America.
They are prepared on a global scale. Africa will be on the forefront because they are already sending their kids to Chinese schools while mastering the language etc...
Africa need to capitalized the same way those Arabs done with America with Oil.
The wealthy Chinese all want to get their money out of China that's why they invest so much in foreign property as a way to launder and protect their money from the CCP.
So you want a war?China is no better than the US, first of all. Imma need y'all to stop buying into the propaganda.
Furthermore, having a larger population doesn't change your status as a world leader. The status of global superpower has nothing at all to do with population, otherwise India would be a major force in the world.
China needs to be humbled. I think the Biden administration is gonna do it in a geopolitical type of way, and I can't wait. Them fools build complexes that collapse after a few months, and then got the nerve to talk trash about America.
Now with that being said, America has legitimate issues. But I would rather live here than live in China.
So you want a war?
Russia was a nominal ally. Their strategy, like China's, has always been to destabilize African countries in order to hurt Western hegemony for their own gains, to exploit these fledgling democracies whenever they could for resources, and to use the U.S.'s treatment of Black Americans as a shield for committing their own atrocities.
Meanwhile, Africans can't even get a Big Mac at a Chinese McDonald's in 2020 and Chinese men are acting just like white men from America when it comes to"their women" and these Black male immigrants like every Black individual is a psychosexual threat to them.
fukk the CCP and Russia too. You know if they were in position to, they would have absolutely participated in the triangle trade.
Not to hate on you Leasy because I vibe with your posts most of the time, but in this case, I can't agree with your comments: re Russian and Chinese treatment of Black folks
This is the truth. Chinese folks with wealth are pressed by Xi as much as Russian oligarchs are pressed by Putin. They know Xi will snatch that shyt to enrich himself just like he's doing with Jack Ma right now.
Lol and? Are they wrong? I hope you arent a black american passive aggressively defending the US when there is a Weekly state sanctioned murder by the cops. China can be both bad and right in this instanceChina says this to america every decade...
I am old enough to remember when china would call out racial incidents in america when the US questioned them on tiananmen square.
shyt china was talking shyt about america after hurricane katrina talking about how they can question them when they treat black people bad.
Thing is fools can't fall for this shyt. shyt is geopolitics and to china black americans ain't nothing but a green ball in a tennis match of global pissing contest between the US and China.
Trust china don't give a damn about black folks. Unles your ass buying their cheap quality shyt or shooting hoops in the CBA.
WhyNah. But I do want the US to counter China's influence.