Actually if you include the South Korean casualty, the number is even Chinese sources mention figure like 200,000 and American is about 40000. But the south korean and other allies suffer something like 150000 So it even out Anyway interesting statistic comparing national strength of US vs China China GDP is only 1/5th of the US And steel production is even lopsided 1/144th of the US Amazing Now China GDP is roughly 75% of US And China steel production way exceed US something like 12 to 1 ratio . Here is the animation
In terms of economy, the U.S. was industrially developed and technologically advanced, having had 175 years of capitalist development by the time the Korean War erupted. After WWII, the U.S. had emerged as the preeminent superpower of the capitalist world with a GNP of $150.7 billion (with some sources saying $284.8 billion) in 1950 alongside 87.72 million tons of steel being produced in the same year. China, on the other hand, could not even hope to compare. Because of the repeated invasions and pillaging by imperialist powers in China’s then-recent history, the second year of the PRC was met with extremely slow industrial development, severely-behind technological levels, and incredibly lackluster economic strength. In 1950, the gross output value of China’s agricultural production was only at ¥57.4 billion.
And assuming that the exchange rate back then was ¥2 RMB to $1 USD, it would be valued at $28.7 billion, only 19% of the U.S. GNP of $150.7 billion (or 10% of $284.8 billion, depending on the source). China’s steel production was also only at 606,000 tons, only a 1:144 ratio against the steel production of the U.S.