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Is China richer than Japan?

China is actually no richer than Japan.

China's GDP per capita is less than a quarter of that of Japan. However, due to the different consumption concepts of the two countries, although the Japanese are rich, the daily consumption price in Japan is very high, and most Japanese families are men who go out to work and buy houses to support their families, so men are under great psychological pressure and their family expenses will be very tight. Although China people seem to spend a lot of money and like to travel to buy a house, in fact, we are just a developing country that has just started to be well-off.