Aeolus451 said:
Top Ten RIchest countries 2015 10. France If China is poor then what does that make the rest of us? |
Using the purchasing power parity (PPP) metric is flawed ...
A much more realistic way to measure wealth is to compare a country's nominal GDP and China still has quite a ways to go before it can match the US on that front ...
Plus China has a high population to nominal GDP ratio so that further reduces the citizens income power ...