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That could be simply a function of having a lot of room for growth. I personally think their growth is not sustainable once they achieve ~US levels of PPP per c

• bilbo0s 3y ago
  This. It's the natural progression of anything in this universe. Even people. Your rate of physical growth between the ages of 2 and 22 was enormous. Your rate of physical growth between the ages of 22 and 42 was likely minimal. (Unless you grew, um, laterally.) A 22 year old should not be comparing himself to a 2 year old and lamenting that he can't match the 2 year old's growth rate.
• oblio 3y ago
  It's super debatable if they can reach US levels of GDP PPP per capita. The US is at 80k, Germany is at 66k, Canada is at 60k, South Korea is at 56k, Romania is at 41k. China is at 23k. If Germany or South Korea can't reach the US, China getting there seems incredibly hard. Though if China reaches Romania's level (funny when presented this way :-) ), the nominal total GDP of China will probably be 1.5 - 2x the US one, just by virtue of them having 5x the number of people compared the US.
  • justsomehnguy 3y ago
    > Though if China reaches Romania's level Population • 2023 estimate Neutral decrease 1,411,750,000[7] Population • 2021 census Neutral decrease 19,053,815[3] I can bet my pumpkin latte what there are more people in China living better than Romanians, all Romanians.
    • oblio 3y ago
      Yeah... and how does that relate to what I was saying? Even the poorest country in the world has at least a multi millionaire in dollars.