China is very poor,do you know why?

Answer 1

and they have shut themselves to the outside world, until lately

Mao kept them in hiding for almost 50 years - because of bad capitalistic influences

Answer 2

For some reason the dictators have decided not to encourage the opening of areas beyond the coast (hong kong inspired) to capitalism. The image of an ox team driving farmer is probably still true.
They censor everybody and everything. One in 30 persons reports to "the party".

Answer 3

china is 4th largest economy in the world , maybe will become 3rd by this year, we are poor because we have 1.3 billion people ,if usa have 1.3 billion people , usa won't be a very rich country either

Answer 4

The monetary exchange rate is so grossly offset that it serves 2 purposes:

1. ensures overseas jobs come to China
2. ensures Chinese citizens can not afford to defect.

Control my friend, plain and simple. They actually have 2 currencies. 1 for foreigners and 1 for the Chinese. Chinese currency is worthless outside of China.

Answer 5

Actually China has the 6th largest economy in the world and it's BEEN moving up the ladder my friend, with higher growth rates than everyone else on the planet.

Answer 6

No! but they shouldn't be w/all the china dishes and watches they make for the U.S

Answer 7

because Mao read the Neocon book and use the Bible on China

Answer 8

China's poor, you say..........ever been to Cleveland?

Answer 9

They're too busy maintaining their state of the art and world's largest army.

Answer 10

Because under the communist system, professionals make as much as common laborers and the ones I've met consider themselves nothing more than lowly 'workers.'