Comment by myrmidon
2 days ago
Brits already have more prosperity (=> median wages) even after adjusting for purchasing power.
Some stagnation is to be expected from high energy prices and trade disruption (brexit).
British surveillance state tolerance has always been pretty high for Europe, and is typically "sold" to the average citizen as anti-crime.
It depends where you are in the UK.
Almost all the wealth is in the South East of England. Outside of that the country is much poorer.
I drive from Manchester to Dorset once a month to visit my parents. There is a clear line where I notice all the street signs, the service stations, roads etc are better kept. Cars and houses are in better condition/news.
The same is true for China, though; all the wealth is at the urbanized coast, with a somewhat poor and underdeveloped hinterland.
It is going to exist pretty much anywhere. Wealth is going to be concentrated in some areas and not others. So comparing the Median income of the entire country is not representative of the whole.
e.g. Jobs in London (even remote ones) will pay twice as much as jobs in the North West of England.
2 replies →
Some brits, most brits are worse off than the average Chinese in all but paper money. Restriced to Han chinese regions; PPP is on par. Overall china has much better social services and growth. Of the two I know which country I'd want to be born into in 2026
What numbers are you referring to? From what I found, median full-time salary in the UK is >40k USD/year, and in urban (!) China it's ~20k USD/y.
Purchasing power adjustment is ~1.5 (in favor of China, obviously), so this should not be close no matter how you slice it.