Japan had caught up in about 25 years from having 10% of US per capita GDP.
In the 1970s, Japans GDP growth was 0-6% and mostly about 2-4%. However, the currency strengthened a lot and then moved up from 37% of nominal US gdp per capita to 100%.
China has nominal GDP per capita of about US$7400 in 2014 and new PPP GDP per capita of about US$13000.
The US has GDP per capita of $55000.
China has nominal GDP per capita of 13% of the US gdp per capita.
China has PPP GDP per capita of 23% of the US gdp per capita.
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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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