How do higher-population countries like China and India not outcompete way lower populations like the US?

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I play an RTS game called Age of Empires 2, and even if a civilization was an age behind in tech it could still outboom and out-economy another civ if the population ratio was 1 billion : 300 Million. Like it wouldn’t even be a contest. I don’t understand why China or India wouldn’t just spam students into fields like STEM majors and then economically prosper from there? Food is very relatively cheap to grow and we have all the knowledge in the world on the internet. And functional computers can be very cheap nowadays, those billion-population countries could keep spamming startups and enterprises until stuff sticks.

In: Economics

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Anonymous 0 Comments

They do that and china does have a biger PPP GDP than the US. A big problem is brain drain where the chinese and indians with the best education just go to other countries for the higher salary. Like Googles CEO is called Sundar Pichai and he contributes to the american GDP.

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