Sunday, December 10, 2023

China’s Difficult Challenge to Reach the Middle (Or why China won't surpass US GDP)

Growth dreams deferred. 

China’s per capita income of $21,400 places it just above the 60th percentile of the global income distribution.

By Enda Curran

October 23, 2023

An unlikely geopolitical subplot of 2023 is the emerging view that China’s economy isn’t going to overtake the US after all.