| >do not live in that urban core Like rest of rural PRC, they can wait for the trickle down common prosperity. When it comes. >disposable income per capita That's dispoable per capita, double more for household. Move up to top 1-2 quantiles, and you have reasonble market for high end goods. And you know it's dispoable income. >Common Prosperity It is, but it's also reality, i.e. Xi not aiming a welfare state. But that's also secondary to national security issues like hammering semi conductor even if it means some provinces gets burnt. Hence also CCDI kick doors and take. Xi's timeline for developed country is like 2049+, even then it's fully developed / modestly prosperous. In mean tie still has to balance common prosperity with strategic autonomy, and if that means farmers and informal workers have to take a back seat like they did under previous admins then so be it. Best he can do is throw them a few more bones. But not at the expense of growing "comprehensive power". A strong country can build high end tech to compete with other strong countries, even if parts of it developed to be strong. >tap water Yes, yes and developed countries definitely wouldn't neglect places like flint or first nations communities. I guess not so 1st world after all. Which is getting off topic, the point is planners need to plan for plan, somethings gets prioritized over others things, i.e. this is a thread about semi industrial policy, not poverty alleviation. Yes resource is limited, pouring money in chips can come at expense of common prospertiy. But there's a geopolitical competition happening, and if the competitor is not selling you chips, you need to prioritize making your own, even if at expense of building a lot of water pipes, for hollowing non productive villages. |