Why the Taiwanese are wealthier than the Chinese 🇹🇼 💰 #shorts

China is the largest economy in Asia, but the Taiwanese are the wealthiest. Data from IMF shows that Taiwan's 2022 GDP per capita rose to become number one in Asia, surpassing Japan for the first time. According to Allianz's Global Wealth Report of 2022, Taiwan's per capita net worth of 138K euros ranked No. 1 in Asia and No. 5 globally, while China ranked 33.
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We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories.
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References:
https://www.allianz.com/content/dam/o...
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