How could have China's low-wage jobs helped the country? Workers making $1 an hour... while polluting the country... sounds horrible. pic.twitter.com/VkZbyaXhtO
— S.L. Kanthan (@Kanthan2030) January 23, 2023
See, if you (as a country) make 1 million toys, you will be poor forever. But if you can make 1 billion toys, it's a whole new ballgame.
— S.L. Kanthan (@Kanthan2030) January 23, 2023
This bold and insanely ambitious plan led to China's urban population increase by jaw-dropping 500 million from 1980 to 2010! pic.twitter.com/gTkFHRL1nW
Second, moving hundreds of millions of people necessitated creating massive infrastructure -- apartments, subways, highways, bridges etc. And sometimes brand new cities!
— S.L. Kanthan (@Kanthan2030) January 23, 2023
This created a virtuous loop: pic.twitter.com/FW8574DyyU
Urbanization also helped the modern sectors like internet, 5G, robots, mobile payments and e-commerce, which won't be viable if people had stayed in villages. pic.twitter.com/7a0FF9g47e
— S.L. Kanthan (@Kanthan2030) January 23, 2023
So, to conclude, young Chinese people enjoying great prosperity today should thank the migrant grandma and grandpa who worked menial jobs in dreadful factory jobs. pic.twitter.com/MOP2rorBfC
— S.L. Kanthan (@Kanthan2030) January 23, 2023