GDP and Income growth are identitical

  If GDP is growing 10 percent, then incomes too are growing 10 percent. The two are identical. Someone is getting that money and collecting it as a salary or a bonus due to the fact that money has no where else to go. There might be some exceptions to the rule such as population growth, immigration, ect. But all things being equal, GDP growth leads to income growth and income growth leads to GDP growth.

  When we measure things like GDP and Income, we are not measuring anything but quantitative easing either from the Central Government level, or from the financial lending level. More paper money leads to higher GDP and Incomes. Less paper money leads to lower GDP and Incomes.

  Wages and Incomes in China are undeniably increasing. There is no doubt about that. Current GDP per capita stands at 4000 dollars a year. So quantitative easing in China has no doubt led to higher incomes. Many Chinese businesses have sought to move operations to vietnam and india instead. China is india's largest trade partner. Its also vietnam's largest trading partner and foreign investor. My personal criticisms are not that incomes and wages are not increasing. My personal criticism is that Chinese incomes still remain third world.

  Chinese are not escaping China so they can move to india or vietnam. Such a move would be a blow to their incomes. They are escaping China so they can move to first world countries so they can make a living in currencies like the Yen, the Loonie, the dollar, the Euro ect.

  The assumption that exports lift incomes is absurd. If that were true, then first world states that export less to China than China exports to them would have lower incomes than the Chinese. The truth is, there is no logical reason other than arbitrary pegs that determine the incomes of individuals in different countries.

   Exports do not boost Chinese incomes. Incomes are purposefully suppressed to boost exports.


 "Japan intervened in the foreign currency market for the first time in six years on Wednesday, buying dollars to try to weaken the yen and lower the price of Japanese exports overseas". 


"The Swiss bank said there were several positives about the Irish economy that could not be ignored. The drop in wages over the last two years would help Ireland to bolster its exports, said the bank's analysts".

  Some countries discover that through poverty, they inadvertently boost their export industries. China purposefully keeps its population poor so as to boost its export industries.

1 euros = 9.4289 Chinese yuan