Is China very poor?

Is China a Poor or Rich Country?

In 2022?

You decide. I will give you some figures. 🙂

Chinese GDP in 2020.
Chinese GDP in 2020.

Well, we are the second largest economy in the world.

I briefly discussed some of the mind-blowing facts about China in the previous post.

As of 2021, Chinese GDP stands at about US$18 trillion, just behind the US economy.

Lao Tzu Biography
Lao Tzu Biography.

In 2021, Chinese economy grew at 8.1%, closing to the US$18 trillion mark. We are poised to overtake the US GDP in a matter of years.

China has provided soft loans to the countries around the world. We are working hard to make the world prosper. The Belt and Road Initiative (Yi Dai Yi Lu, 一带一路) is part of this noble plan to provide billions of $ in support to the emerging economies.

Do you still think China is a poor country?

Is China very poor
Is China very poor?

Nah! No way!

China is not a poor country.

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