Drysdale, Peter; Willis, Sébastien - East Asian Bureau of Economic Research (EABER) - 2013
economy and political power. In the last twenty five years the economy of China, a nation of 1.3 billion, has grown by a … almost half of the world output and more than half world trade, with China accounting for half of that. In 2010, Chinaâ …€™s per capita income was 30 per cent of the United States’; by 2050 it will be 55 per cent and India’s likely 42 per cent …