A Different View on Income Disparity

The CLSA Asia-Pacific Markets has even forecast that China will become the top luxury goods’ market by 2020. In stark contrast, China’s per capita GPD is still about $4,000 (2010 figures), far below advanced countries’ average.

This article was originally published by China Daily.

READ THE FULL ARTICLE HERE.

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The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.

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