Are average Indians richer or poorer than average Chinese or Japanese? For example, a newly graduated engineer working in India vs working in China or Japan. How much do they make?
The PER CAPITA GDP of China is almost 14,000 U.S. dollars while the PER CAPITA GDP of incredible! superpower! india! is “incredible!” 2,600 dollars.
And I do NOT have to even talk about Japan.
I was born in Punjab, India, was educated highly in India and moved to Canada in my early 20s. It was an adamant time in India in the early 70s.
I was fortunate to travel to China six times and Japan one time, and I had a very long time knowing Japan through my visit and through a very close relative who lived/worked/studied in Japan for a reasonable time.
Please do not get offended by my response: The purpose is not to offend but to make people aware of the ground realities.
I will try to answer in the following way:
(India gave me one of the best education in the world. Whatever I am today is mainly my birth country, parents, teachers, and professors in India and Canada. India is a lovely country to be born to acquire super values and culture. However, India has a lot of catching up to do.
Now the answer:
One hundred U.S. dollars was given to three engineers in India, China, and Japan. (This is a hypothetical scenario)
This one hundred U.S. dollars will go very far in India, followed by China, and the last will be Japan.
The labor/services/accommodation/ and so on/food/is far lower in India, followed by more expensive in China, and the highest will be Japan.
Commute to work: Japan number one, China number two, and India number 3 (Far more time-consuming/struggles). Day-to-day life is a struggle in big cities, but India will be on top of these struggles compared to Japan and China. Everything works and is on time in Japan, followed by China, where the Chinese will soon bridge the gap.
Quality of life: Japan is the best, followed by China's 2nd best and India's, which are very harsh.
Level red tape/corruption/unfriendly law enforcement: Japan has the least of these nuisances; China is not Japan, but one day it will reach those levels; it is not too far behind Japan in some areas already. India does not stand a chance in this parameter.
Quality of education: Japan is number one, China is number two, and India is number three. (Number one being the highest)
fresh young engineers in Japan should be more affluent overall, followed by China, and the least rich will be Young new Engineers in India.
Well, now is the time for the conclusion:
Japan is the ultimate in law and order/public transportation/very safe country/followed by China, and India has to take third place in the comparison.
China is catching up to Japan; I believe in two or fewer decades, China will catch up to Japan. In my evaluation, I count Richness: Tangible and non-tangible things together for richness.
Now, the last part of the question: How much do they make?
Engineering graduate in desirable specialization and from top schools in all three countries. India/China, and Japan, on the whole, are paid well. And I believe all three countries are more or less starting highly qualified engineers at the same scale. The difference is ONLY of currency parity and quality of life. Indian professionals such as Engineers/doctors/business graduates from top schools go through a HELL on Earth to reach that level. In China and Japan, engineering degrees are not a walk in the park. Therefore, they are not sitting with tin cans. They have priced possession in their own countries and as well abroad. The USA is the absolute Mecca for real deal professionals.
Indian and Chinese intellectuals/real-deal scientists/doctors/engineers, and business graduates are snapped up by the USA. The reality is that these two nationalities are the backbone of the advancement of the USA. Usually, these extremely bright students come to the USA with star-studded first degrees and enroll for grad degrees in the top universities. Most of them never return to India or China. Japan being very advanced, I rarely encountered many Japanese coming to the USA for advanced degrees. And even if they come most of them go back.
Americans big fuss on immigration is show business, to stop the immigration of off-the-cut people and not for extreme talents. Once Americans see the potential in anyone, They will bend/break every law on the earth to retain talented people.
I am very sorry that India’s governing system is not fit for that country(my view). It is a borrowed system from foreigners, a failed system even in the West. In my opinion, it is one of the reasons the West is dying. For vote banks, everything is sellable, and most of the governments are flawed, in cahoots with criminals one way or the other. The justice system has failed almost all around the world (Thanks to setting free again on the streets with bail, and usually the courts are clogged).
Rich of poor is reference to the living standards in the place where the people live in. How much they make is to be measured by how much they need to spend to live a satisfactory livelihood, not by measuring the USD sum amount.
An engineer in India earning a low salary of 1/5 of the American engineer will be better than the American engineer as matter of fact by actual comparison.
No one gives you money for free. A parity of purchase power is maintained. The only difference is what kinds of manufactured goods are available in the market and how they are priced.
The main problem with people's livelihoods in India is the large wealth gap and uneven distribution of wealth.
Ordinary Indians are poorer than ordinary Chinese or Japanese people.
But the wealthiest person in Asia is an Indian, Mukesh Ambani.
Many graduated engineers in China are fighting for positions of street deliverers, street sweepers or tax drivers.
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It is not accurate to make a blanket statement that all Indians work for low salaries in China. Salary levels can vary significantly based on the job, industry, qualifications, and experience of the individual. Like in any country, salaries in China are influenced by factors such as the job market demand, cost of living, and the skills and expertise of the workforce.
However, it is true that there is a significant presence of Indian expatriates and workers in China. Many Indians work in various sectors, including IT, manufacturing, and trade. Some of the reasons why some Indians may be willing to work for relatively lower salaries in China could be:
1. Cost of Living: China's cost of living can be relatively lower compared to some Western countries or more developed economies. While salaries may seem lower in absolute terms, the cost of living in China might make these salaries more competitive.
2. Job Opportunities: China has emerged as a global economic powerhouse, offering numerous job opportunities in different industries. For many Indian professionals seeking international exposure and career growth, working in China can be an attractive prospect.
3. Business Expansion: Indian companies may establish their presence in China to tap into the growing Chinese market, and they might hire Indian employees to manage operations at a lower cost.
4. Language Advantage: Many Indians have a good command of the English language, which can be an asset in multinational companies operating in China.
5. Exchange Rates: The currency exchange rate between the Indian Rupee and Chinese Yuan can also play a role in determining the attractiveness of the salary for Indians working in China.
It is essential to note that the job market and salary dynamics can change over time, and individual circumstances and preferences may vary. It's always best to conduct current research and consider multiple factors when assessing salary levels and job opportunities in any country.