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A comment on China to Overtake U.S. Economy by 2032. Parent comment

Re:China to Overtake U.S. Economy by 2032 by partiallypro on Tuesday December 26, 2017 @12:18AM (#16007219)
Yeah, I wonder when they are expected to surpass the US in per capita GDP; or the median income adjusted for PPP. A lot of China is still in abject poverty.
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Re:China to Overtake U.S. Economy by 2032 by mrb on Tuesday December 26, 2017 @12:31AM (#16007268)
Share of China's population living in extreme poverty:

1980: 88.3%

2013: 1.8%

(World Bank)

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Re:China to Overtake U.S. Economy by 2032 by seanmcdirmid on Tuesday December 26, 2017 @12:32AM (#16007272)
No one is predicting that for all time. Though China is definitely already upper middle income when it comes to gdp/capita, they aren’t a poor country even if they aren’t a rich one.

PPP isn’t very meaningful, it doesn’t account for many things being more expensive in china for equivalent developed world lifestyles. It just means people have cheaper life styles outside of services.

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