Nah, I wouldn't agree. There are basically two definitions to third-world nation: the modern, which is "poorly developed/negligible on the world stage and rife with governmental abuses or general lawlessness," and the original, which is "aligned with neither the USSR nor the US."
China has the government abuses part of the modern definition down, but they're far too notable for the other qualification. And by the original, they'd be second-world.
Have you been to chin lately? They live in the freaking future and we are stuck in the 80s! Check out our airports, post offices, roads, and schools. They are garbage built decades ago and not updated. Outside of a few new hot areas in our major cities we are way behind the curve relative to booming Asian cities. China has dozens of cities with millions of people living like the Jetsons compared to us.... all because they understand how to manipulate their currency better than we do. They out-scammed the scammers. But flash forward 50 years and crypto will rule us all anyway. No more central banks!
Nah, I wouldn't agree. There are basically two definitions to third-world nation: the modern, which is "poorly developed/negligible on the world stage and rife with governmental abuses or general lawlessness," and the original, which is "aligned with neither the USSR nor the US."
China has the government abuses part of the modern definition down, but they're far too notable for the other qualification. And by the original, they'd be second-world.
The vast majority of China is 3rd world. Sure they have a few 1st world cities/areas but most of the population live outside of those areas.
Have you been to chin lately? They live in the freaking future and we are stuck in the 80s! Check out our airports, post offices, roads, and schools. They are garbage built decades ago and not updated. Outside of a few new hot areas in our major cities we are way behind the curve relative to booming Asian cities. China has dozens of cities with millions of people living like the Jetsons compared to us.... all because they understand how to manipulate their currency better than we do. They out-scammed the scammers. But flash forward 50 years and crypto will rule us all anyway. No more central banks!
Its all a smoke screen. Likes it economy, Chinas infrastruture and build quality is like the later stages of a game of Jenga.