You need to divide the development by the population size. China’s GDP PPP per capita is still below that of Mexico. In order to be on par with the US, China still needs to grow 4x.
Also, while the eastern, coastal regions of China are very developed, the western regions are not.
You need to divide the development by the population size. China’s GDP PPP per capita is still below that of Mexico. In order to be on par with the US, China still needs to grow 4x.
Also, while the eastern, coastal regions of China are very developed, the western regions are not.