Sunday, December 11, 2011

China set to be top economy by 2030

I was reading some news and today’s headline…
China set to be top economy by 2030…
The World Bank said China will maintain a GDP growth rate of about 8 percent in the coming 20 years.
In 2030, income per capita will be two fold, to reach USD16,000.

Which is equivalent to RM48,000
*based on USD: MYR = 1:3.
I was curious, what is Malaysia’s income per capita?

I Google and found the following:
Malaysian’s PPP is ranked 57-58 which is almost USD14,500.
Singaporean’s PPP is ranked 3-4 which is almost USD57,500.


Disclaimer: This blog cannot guarantee the accuracy of external data~ the blog shall not entice any investment decision, trade responsibly.

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