Paul,

China's pension system is tied to wages earned (minimum 15 years of employment) and applies to the urban areas it is not universal.

China's poverty rate for 2019 was 24.70% not zero as shills would claim.

http://www.macrotrends.net/countries/CHN/china/poverty-rate

China's unemployment is not zero as you claimed.

SM,

I am not familiar with 'macrotrends' are the run by the CIA out of Washington? I much prefer to rely on the independent chaps down at the 'World Bank'.

mhaze, I will agree post WWII India has been an economic nightmare. I don't believe that there was anything "socialist" about them, unless you believe having millions begging in the streets is "socialists", I'd call it "free enterprise", free to beg! India has the most number of people living in poverty of any country in the world, about 300 million. BTW begging is outlawed in China, no need for it.

No good throwing up the fascists states of Eastern Europe, unfortunately for them, they were on the losing side after WWII, for example the Germans, and the Soviets kicked the crap out of them as payback for 20 million of their citizens killed. The northern part of Korea is the direct result of American imperialism on the Korean Peninsula. America made sure they paid a high price for non cooperation, now look at them, a failed state run by crazies.

Paul,

You said "'macrotrends' are run by the CIA out of Washington?'

Lies like this make you a shill.

Firstly they are based in Seattle and the CIA is in Virginia.
Secondly not every business in the US is run by the CIA, and most of their data is focused on stock and commodity prices and futures which the CIA would not be interested in.

Finally, the world bank for political reasons parrots the figures given to it by the country involved so pretty much anyone else would be more accurate than the CCP.

SM,

I asked a question; "I am not familiar with 'macrotrends' are the (sic) run by the CIA out of Washington? they for the, my typing mistake. You fudged what I said by making a deletion, and therefore your use of quotation marks makes you deceitful.

'macrotrends'

India poverty rate for 2019 was 83.80%, a 1.2% increase from 2018.
China poverty rate for 2019 was 24.70%, a 3.4% decline from 2018.

Oh dear! I was wrong INDIA has more than a BILLION PEOPLE LIVING IN POVERTY according to 'macrotrends' What a great Capitalist model is INDIA . Thank you SM for 'macrotrends' Given India and China are similar in population, size, resources etc, it seems Chinese Communism has saved 750 million of their citizens from Indian style poverty. Can we record that as a great achievement for the CCP?

Paul,

Please don't lie, it was a statement that you put a question mark at the end. I also included that in my quote.

Secondly, the comparison should be between Taiwan and China with the same people and start. Here the CCP fails miserably. That the CCP killed 50m of its people didn't help.

China is borrowing massively to avoid an outright recession using the local governments who are all now approaching bankruptcy.

India's growth rate now far exceeds China's and will in a few decades overtake it in terms of its GDP.

SM,

Why did you misquote me, making out that I said; "'macrotrends' are run by the CIA out of Washington?" That is a statement, not a question, so drop the question mark. By leaving out the word "they" which made it a question, you were being DECEITFUL, no question of that!

BTW, as your pin up gal The Lovely Pauline would say PLEASE EXPLAIN, the horrendous (83.8%) poverty in INDIA, as quoted from your link 'macrotrends' in reality that is 1.1 billion people living in poverty, what a success story is that!

BBTW, Its apples to apples, India/China, not apples to oranges. I'm not comparing China to Luxembourg or some such country, or a Provence of China like Taiwan.