[dragonelite]

This is what I have heard more from other China investing podcasts, that the next China is in rural China. Not ASEAN, not India but rural China will become the next China. Like you said most of them are probably just getting by. Moving them to the cities and make sure the next generation is educated will give China its next two decades of growth. From what I also gathered in land rural China grows at like 10% plus a year compared to single digit coastal regions.

[starfallg]

Most of China's industry is already powered by rural China. Migrant workers (Mingong/民工) are the workforce manning the factories. They number roughly 300 million.