Corrected purchasing power parity statistics (Penn World Tables version 7 to be released in early February 2011) would increase China’s PPP GDP by 47%. China per capita GDP for 2001 woule go from $7,518 (the current estimate in the IMF’s World Economic Outlook) to $11,047.
This would put China ahead of the World per person average of 10,725 China would be between Iran and Brazil in per capita GDP PPP.
China would be at the per capita GDP PPP level of Mexico in 2015 and ahead of Turkey.
In 2020, China would be at the per capita level of Russia. Portugal and Poland.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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