English | 2022 | ISBN: 1637741014 | 261 pages | True EPUB | 8.4 MB
Many Americans do not have a full understanding of China today. But there is another China-one that has created the greatest economic transformation in history.
Since the early 1990s, hundreds of millions of people have moved to cities in China, where they gain access to better schools, healthcare, and infrastructure, as well as higher-paying jobs.
China GDP has grown from $300 per capita to more than $10,000 in the past 30 years and lifted more people into the middle class than in any other country at any other point in human history. It is important for investors, U.S. companies and anyone interested in the global economy to understand China.
This is not to view China simply through rose-colored glasses.
But despite the tensions between the US and China, it is essential to remember an important point often overlooked -1.4 billion Chinese consumers. China is rapidly shifting from an export-driven, low-cost...
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