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Xi Jinping has promised a “Chinese Dream” of national rejuvenation, greater prosperity and a powerful, modern China by midcentury. Yet the CCP’s presentation of living standards obscures how far ordinary Chinese remain from American prosperity. Housing figures include shared building areas, headline unemployment statistics omit rural joblessness, and Beijing suspended youth unemployment reporting before introducing a revised measure that excludes students. These practices can make progress toward Xi’s promise appear greater than the underlying conditions justify. This year, U.S. nominal GDP per capita is projected to reach $94,430, more than six times China’s projected $14,870. Assuming annual growth in nominal…
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