China is a remarkable and fast growing country. However, GDP per capita is still low relative to the OECD and many other newly developed countries. The population size is the obvious cause.
This will have continued and profound implications not least regarding the real speed by which China will be able to grow as any capital investment needs to be costed against low wages.
From the inbox:
What is the GDP Per Capita for Every Country?
Click on the drop down menu in the right hand corner to see the groups that China belongs to. Current GCP per capita is $6000.
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