China’s share of global GDP has increased from 3.6% in 2000 to 17.8% in 2019 and will continue to grow, the CEBR said. It would pass the per capita threshold of $12,536 (£9,215) to become a high-income country by 2023.
absolutely insane
China’s share of global GDP has increased from 3.6% in 2000 to 17.8% in 2019 and will continue to grow, the CEBR said. It would pass the per capita threshold of $12,536 (£9,215) to become a high-income country by 2023.
absolutely insane
Chinese growth is significantly lower than it enjoyed a decade ago. Somewhere in the neighborhood of 5-10 pts depending on who you believe.
American growth has been stagnant since the Volker Era, more or less by design.