In 2025, around an additional 16,000 units of humanoid robots were installed worldwide, with China alone accounting for more than 80% of the installations.AGIBOT topped the global list of vendors with the highest number of annual humanoid robot installations, followed by Unitree, UBITECH, Leju and Tesla. The top five enterprises accounted for a 73% share.The cumulative installations of humanoid robots are projected to exceed 100,000 units by 2027.In terms of applications, logistics, manufacturing and automotive will represent 72% of the annual installations in 2027.Seoul, Beijing, Berlin, Buenos Aires, Fort Collins, Hong Kong, London, New Delhi, Taipei, Tokyo – Jan 14, 2025
The real (inflation-adjusted) incomes of the poorest half of the Chinese population increased by more than four hundred percent from 1978 to 2015, while real incomes of the poorest half of the US population actually declined during the same time period. https://www.nber.org/system/files/working_papers/w23119/w23119.pdf
Real wage (i.e. the wage adjusted for the prices you pay) has gone up 4x in the past 25 years, more than any other country. This is staggering considering it’s the most populous country on the planet. https://www.youtube.com/watch?v=Cw8SvK0E5dI
So parents will often fork over a large portion of their savings to provision their children with an adequate house — oftentimes buying it years in advance.
I mean, if you read the article you’ll be embarrassed how it doesn’t support your claim.
People earning enough money to be able to buy housing for their children isn’t the own you think it is. Certainly doesn’t happen in capitalist fash regimes like the one you live in. 🤣
Sure buddy, China’s just like the USA. These are definitely things that happen in capitalist countries. 🤣
90% of families in the country own their home giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other leans. https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes
The real (inflation-adjusted) incomes of the poorest half of the Chinese population increased by more than four hundred percent from 1978 to 2015, while real incomes of the poorest half of the US population actually declined during the same time period. https://www.nber.org/system/files/working_papers/w23119/w23119.pdf
Real wage (i.e. the wage adjusted for the prices you pay) has gone up 4x in the past 25 years, more than any other country. This is staggering considering it’s the most populous country on the planet. https://www.youtube.com/watch?v=Cw8SvK0E5dI
From 1978 to 2000, the number of people in China living on under $1/day fell by 300 million, reversing a global trend of rising poverty that had lasted half a century (i.e. if China were excluded, the world’s total poverty population would have risen) https://www.semanticscholar.org/paper/China’s-Economic-Growth-and-Poverty-Reduction-Angang-Linlin/c883fc7496aa1b920b05dc2546b880f54b9c77a4
From 2010 to 2019 (the most recent period for which uninterrupted data is available), the income of the poorest 20% in China increased even as a share of total income. https://data.worldbank.org/indicator/SI.DST.FRST.20?end=2019&%3Blocations=CN&%3Bstart=2008
Chinese household savings hit another record high in 2024 https://www.wsj.com/livecoverage/stock-market-today-dow-jones-bank-earnings-01-12-2024/card/chinese-household-savings-hit-another-record-high-xqyky00IsIe357rtJb4j
Student debt in China is virtually non-existent because education is not run for profit. https://www.forbes.com/sites/jlim/2016/08/29/why-china-doesnt-have-a-student-debt-problem/
The typical Chinese adult is now richer than the typical European adult https://www.businessinsider.com/typical-chinese-adult-now-richer-than-europeans-wealth-report-finds-2022-9
I mean, if you read the article you’ll be embarrassed how it doesn’t support your claim.
People earning enough money to be able to buy housing for their children isn’t the own you think it is. Certainly doesn’t happen in capitalist fash regimes like the one you live in. 🤣
That’s very much not what the article says. You should read it.
I did read it. Maybe you should work on that reading comprehension of yours. Might even learn what the difference between communism and fascism is. 🤣