<<Hm, you're telling me Taiwan's GNP is greater than China? Do you have selective attention, or are you just plain ignorant of all the facts you've stated? China has had the fastest growing economy within all the industralized nations for the past 15 yrs>>
Although China has a greater GNP than Taiwan, Taiwan's GNP per capita far exceeds China's. Taiwan's citizens are definitely more economically well off. Here are the figures.
GNP per capita
USA - $29,000
Taiwan - $14,500
China - $750
above $9300 is high income, below $760 is regarded as low income.