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China Economy: Will Not Be Larger Than U.S. Even By the End of This Century

Despite a significant growth differential in China’s favor, the country’s per capita GDP will equal only 42% of the U.S. level by 2050.

September 28, 2015

Despite a significant growth differential in China’s favor, the country’s per capita GDP will equal only 42% of the U.S. level by 2050.

Takeaways

China’s three and a half decades of economic growth have lifted 500 million people out of poverty.

China’s per capita GDP measured at purchasing power parity was less than a fourth of U.S. per capita GDP.