Region

Which is better: The Chinese or the Japanese?

The best way to see which country is better is to compare them by their current population and income. 

In the case of China, it’s easy to compare the current population at the country’s national level to that of the United States or the UK. 

But it’s harder to compare its current population to that in the UK, which is more closely approximated by the GDP per capita. 

So how do you tell the difference? 

Using a similar methodology, we calculated the median household income in China in 2020 and estimated that the country was only marginally richer than the United Kingdom or the US in 2020. 

The median household in the United Nations is currently $27,700, which means that the current median household would be earning less than $1,500. 

This would be about $500 less than the current GDP per person in the US, but still $2,500 more than the median income of the average Chinese.

China’s population and per capita income are roughly comparable to the United Kingdoms and Australia.

The biggest difference between China and the United Kans are the cost of living and housing. 

China has more expensive housing and higher housing costs than the UK and US, and also has the lowest average annual household income of all the countries we’ve compared.

These differences are likely to be due to the relatively high cost of owning homes in China compared to the US. 

For example, the median price of a home in China is $1.8 million, and in the USA it’s $3.1 million.

However, the UK has a median price per square foot of $2.8, and the median cost of a detached house in the country is $3,000.

This means that a typical American household in 2020 would be making $1 million less than they are today.

In terms of food and energy, China is more than twice as wealthy as the United states, but is still a very low-income country. 

Despite its high cost, China has a population of just 1.5 billion, and it is estimated that by 2030 it will have about 2.6 billion people, making it the third largest economy in the world after China and Japan. 

By comparison, the US has a GDP of $3 trillion and about 765 million people. 

Although China is a much wealthier country than the US or the EU, it still ranks near the bottom in the list of countries with the lowest GDP per head.

A similar pattern is evident in the number of doctors and nurses per capita in China. 

According to the World Health Organization, China’s per capita GDP is $9,300, which would make the country one of the 10 countries that have the highest number of healthcare workers per capita, but it would still rank below the US and the EU.

Overall, China seems to be a very poor country compared to many other countries, and even worse compared to those in the West.

To learn more about China, see the following resources: