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To: zeestephen

The official CHICOM GDP numbers are phonier than a 3 dollar bill.


13 posted on 06/18/2022 6:31:41 AM PDT by BiglyCommentary
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To: BiglyCommentary
I use the Chinese Purchase Parity GDP for USA comparisons, but that may be a bogus number, too.

One employment number may be useful...

China has consistently had about 5X times as many industrial workers as the USA.

Before Covid, the number was approximately China - 100 million - and USA - 18 million.

In spite of that massive manpower difference, USA industrial output value was only about 10% behind China in 2019.

Even when Japanese industry was allegedly taking over the world in the 1980s, USA industrial workers produced more value per capita than Japan did.

17 posted on 06/18/2022 6:56:48 AM PDT by zeestephen
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