Diabetes may thwart China's grand plan
What this statistic shows is that long before the country has even flirted with being a fully developed economy, its health profile is starting to look ominously American.
As the economy has grown, ever-increasing numbers of Chinese are eating more, drinking more, driving more and sitting more. Data from makers of soft drinks suggests that sales in the more affluent parts of the country have risen fivefold in the past decade. In lower-income provinces, the increase has been even more pronounced. Cases of the disease are soaring, and show little sign of reaching a plateau.
The population is ageing more quickly than in the US, per capita sugar consumption in China has risen 48 per cent since 2001 -- and that is before snacking on processed food really begins to blossom.
About 10 per cent of adult Chinese suffer from either Type 1 or Type 2 diabetes, which is alarmingly close to the 11 per cent ratio that blights the notoriously obese US.
Plans that would see China's largest producers of high-fructose corn syrup doubling output by 2013 do not inspire confidence that the problem will soon peter out.
The difficulty posed by the 10 per cent ratio of adult diabetes sufferers in China is how quickly that unhappy landmark has been reached, and the sort of financial and budgetary recalculations that the pace of increase now demands.
A 2007 report by the Economist Intelligence Unit assumed that 4.3 per cent of Chinese had diabetes. From this, analysts concluded at the time that the epidemic was draining 14 per cent of healthcare expenditure and causing the country 0.6 per cent of GDP in lost productivity. Redrawn with one in ten adults afflicted, almost 1.5 per cent of GDP is lost and treatment costs lurch even higher.
New research by the consultancy China SignPost points out that the average per-patient cost of managing Type 2 diabetes is about $US6000 ($5695) per year in America. Using conservative numbers and assuming that China is able to treat about a quarter of its 92 million sufferers at a cost of about $US2000 a year each, that implies an annual cost for diabetes treatment alone of $US46 billion - half the country's entire official defence budget for 2011.
None of that is what the irascible generals of the People's Liberation Army or the expansionist party bigwigs in Beijing want to hear. China's domestic security budget is already even larger than the nation's spending on defence, and there is no shortage of other signs that the government's prime concern is maintaining stability at home.
Average Income In China - News
We suffer in the magnitude of our trade deficit, the progressiveness of our average wage, the extent of income inequality, the amount of our federal indebtedness, and the pressures put on our nation's state and municipal budgets.
CMCZ had adjusted operating income of $22.6 million compared to income of $1.1 million in the third quarter of last year. Shipments totaled 425 thousand tons compared to 363 thousand tons in the prior year's third quarter. The average selling price
Second-quarter net income probably dropped 16 percent to 4.37 billion kronor ($678 million), according to the average of 16 analyst estimates. Profit may also fall about 10 percent in the current quarter. Stockholm-based H&M sources a larger percentage
For more than a decade starting in the early 1990s, US inflation declined as low-wage workers in China and other developing nations joined the global economy and produced a tide of cheap goods that
In lower-income provinces, the increase has been even more pronounced. Cases of the disease are soaring, and show little sign of reaching a plateau. The population is ageing more quickly than in the US, per capita sugar consumption in China has risen
Average Salary in China « Understanding China, One Blog at a Time
According to this site , the average salaries in Cihna were an abysmal 20,759 yuan ($3,194) per year for last year, a 14.1 percent increase on the previous year. “Non-private sector” employee salaries averaged 37,147 (U$5710) up 13.5 percent from 2009.The non private sector includes government employees. My question is how a guy who makes only 5710 per year and remember this is with China’s rising inflation, buy one house let alone two in Beijing? A typical decent Beijing home, decent being a relative term, may cost up to 20,000 RMB per square meter. Thus, a standard 120 sq meter home is 2,400,000 rmb or U$369,000 civilized dollars. If this is true then your typical chinaman needs to work 369,000/5700= 64.77 years AND not PAY taxes AND not spend a penny of his income.
You may think I am exaggerating but you would be wrong. Of course you can get a home for 15,000 per square meter and it would have the profile of the leaning tower of Pisa and your neighbors would walk upon four legs and have curly tails. No, to live in a decent area of BJ and not commute light years to work, you gotta pay. This is Chinese living…
Very easy… Since Beijing isn’t the rest of China. Out of Beijing, you can buy a house for probably under 1000 yuan per square meter. On the other hand, the salaries in Beijing are hugely higher than on the countryside, where most of the Chinese live…
The average salary in Beijing is about 10,000 plummeting dollars per year, that is excluding compensation and bonus, which can add up to half a year extra depending on your job. Besides, there are virtually no personal taxes, and daily expenses (although rising) are tiny. Since people get a discount on the (already low, since house prices are continually rising there is very little risk for banks) interest rate for their first house, the average Beijing family can easily afford their house.
The problem however is that the government requires (as I recall) a 30% first payment in cash, which might be steep for many.
Average Income In China - Bookshelf
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China Average Salary Income - Job Comparison
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