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Originally Posted by thommy
well i will answer it:
the usa have a poulation of aproximately 350 million people.
the EU 750 million.
aisas puluation is 4,3 BILLION people - now count that together and tell me who have more chances wo win a trade war.
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I'm not sure if you post this stuff to fool us. Or if you believe it. It's not people that count, it'sthe money they have to spend.
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The average disposable income of urban Chinese households rose to around $3,000 per capita in 2010, according to an analysis of official government statistics by China Market Research Group. That means a typical family of three earns around $9,000 a year.
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According to CNN's online global wage calculator, which uses data from the International Labor Organization, the average annual salary of a worker in China's private sector was 28,752 yuan (about $4,755) in 2012, or 38% of the global average.
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Most of factory workers have to work longer than 8 hours daily, seven days a week and may not have OT pay, which makes this question even more complicated. Anyway, I will give you something that I estimated. It may vary from USD$0.5 to $3. Foxconn now have an average wage of slightly less than USD$2 per hour.
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https://www.google.cz/webhp?hl=en&gw...ng+class+wages
Now go look at other Asian countries.
If a real war started, China would quickly run out of fuel as it has no oil resources to fuel its military.