Re:The Ultimate Guide to Inflation
by kbelder on Monday May 10, 2021 @06:08PM
(#27111476)
I wonder how that compares to the financial demographics of China? I had the impression they were bringing more citizens up into the lower-middle class, but I might have just uncritically accepted some spin.
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Re:The Ultimate Guide to Inflation
by alex_smart on Tuesday May 11, 2021 @06:49PM
(#27124595)
China's per capita GDP is over 10,000 USD. Their middle class is already huge.
I think a decent analogy is that Chinese market is approximately the size of USA and India's is approximately the size of Canada.