- Registration time
- Last login
- Online time
- 3186 Hour
- Reading permission
Reply #24 carolcheng's post
You are of "unsound mind", Ms. carol cheng!|
The term "middle class", high income, middle income, lower income, entry level income, rich revenue merchants are all statistical - it's impossible to have the numbers changed for the income range and status. The term "middle class" normally refer to "self employed" business people while the "rich" are wealthy individuals with certain monopoly, huge land holdings or government held franchise.
The number of high income, middle income, lower income, entry level income shouldn't change in ratios in "normal natural situation". What we have is dependent on our state's total production, our capability to trade to gain net surplus material and share of production per citizen that determines the "material access" for each member of the state.
Normally in many rich, developed states, it's the predominance of the Middle class, high income worker, middle income workers that generate huge SERVICES industry that allow ACCESS to cash, credit by the lower income citizenry, worker to afford the available material production of our state.
Currently, China is exporting as much as 50% of it's industrial production. Why the productive capability of China is great, equal KG TO KG to the United States on the per capita basis - it's lack of middle class, high income worker, middle income workers (relative to the global income range) that's stopping the material access to that high productivity.
In China, the Shandong-Jiangsu-Beijing/Tianjin were dependent on "labour intensive" work force to man the foreign - mostly Japanese, Korean, US, German, French and British Commonwealth investments. Profits belongs to foreign firms, while income is only workers salaries and domestic overhead cost. (foreign firms earns up to 35% profit margins on their Chinese investments)
While traditionally, the Zhejiang-Fujien-Guangdong + Taiwan/HK were dependent on "domestic, diaspora oversea's Chinese" - so the profit margins are retain for the benefit of Chinese citizen or Diaspora!