Which China is it?

Is China the country of economic strength telling rich nations how to manage their economy or is it a developing country with (tens of) millions of poor?

It's both. China holds $1 trillion in U.S. debt and an additional $1 trillion in other foreign reserves. It is also considered a lower-middle income country, with $936-3,705 in annual per capita income, according to 2007 World Bank figures.

What's interesting is China likes to plays the "we're rich" card when they want to talk about global international policies and the "we're poor" card when asked to ante up to help others or to fight climate change.







http://www.reuters.com/article/newsOne/idUSTRE53501820090406?pageNumber=3&virtualBrandChannel=10452