And GDP PPP per capita will be around $30,000. Meanwhile China watchers are calling economic growth under Xi “slow” (when the US was at this point in its development, annual growth was about the same or slightly worse).
BTW, they define middle class as individuals spending $11-$110 per person per day in 2011 PPP terms. For context, I spend $33 in a relatively affordable American city per day just renting.
And GDP PPP per capita will be around $30,000. Meanwhile China watchers are calling economic growth under Xi “slow” (when the US was at this point in its development, annual growth was about the same or slightly worse).
BTW, they define middle class as individuals spending $11-$110 per person per day in 2011 PPP terms. For context, I spend $33 in a relatively affordable American city per day just renting.