Democratic East-Asia wrote:Apparently Qing China had a GDP of roughly $189,470 million in 1870 (1990 dollars) based on the estimates of Angus Maddison, a former British economics professor at Cambridge. Which is roughly $529.25 per person (Surprisingly that number seems higher than China during the 1950s...). Russia had on of roughly $83,646 million, giving it a GDP per capita of $989.89. Britain's was $100,180 million, meaning it had a GDP per capita of $4659.53.
Now this was when China had yet to industrialize at all. Russia was also really backwards at the time as well (not as much as China though). The National Union is significantly more developed than Qing China, and although has a lower population, should definitely have a much higher GDP.
Say China has a GDP per capita of $1058.5 (Doubled, which doesn't seem too far fetched, given that the nation has been actively developing for the past ~50 years, and counting Liu dynasty growth. Takes into account the civil war, which caused China to lose 2-3 decades of development). Still far from developed, but not horribly backwards. Multiplying by the ~310 million people in the National Union, this gives the nation a GDP of $328.135 Billion ($328,135 million). Big numbers there.
Japan had a GDP of $25.393 billion in 1870. GDP per capita: $769.48. Now, I'd say RP wise Japan has one of at least ~$2000, given it's much earlier development (around 80 or so years early in fact). With its 55 million people, that amounts to a GDP of $110 billion, way larger than RL Japan. Although I'd think the colonies would be poorer on average (not Korea, seeing that that's been part of Japan for a few hundred years now).
As for wealth in the non Korean colonies, definitely less developed, but since they are low in population and are basically regions dedicated to resource extraction, they can be extremely profitable for men brave enough. Overall all though, though the process is for resource extraction, it is not a colonial economy since the local people are either Japanese or heavily mixed with Japanese colonists and are treated with the full rights and opportunities as any other imperial citizens.








