State-owned power company China Three Gorges Renewables Group will build an 8 GW solar farm as part of a nearly $11 billion energy project.

State-owned power company China Three Gorges Renewables Group will build an 8 GW solar farm as part of a nearly $11 billion integrated energy project.

      • Deceptichum@quokk.auEnglish
        82·
        6 months ago

        Second largest economy in the world, “still a developing country”.

        The people aren’t worse off because they’re not developed, they’re worse off because their government is even more corrupt.

        • cyd@lemmy.worldEnglish
          51·
          6 months ago

          Their economy is literally less developed. Country size has nothing to do with it; India is on track to surpass Japan’s GDP but no one would dispute that it is much less developed than Japan or any other OECD country.

          • Deceptichum@quokk.auEnglish
            71·
            6 months ago

            Their economy is super developed.

            The citizens are not reaping the benefits of that development.

            • cyd@lemmy.worldEnglish
              21·
              6 months ago

              No, if it was just a matter of having a well developed economy whose fruits are distributed poorly, then their GDP per capita (literally economic output divided by people) would be high.

              But it’s not. It’s among the middle-income countries, just below Malaysia. Which seems about right in terms of the quality of life of the average citizen.

        • cyd@lemmy.worldEnglish
          1·
          6 months ago

          Yes. That means Chinese households actually consume less than this graph indicates. In other words, because China’s economy is more manufacturing heavy, this graph makes it look more “developed” than it actually is.