Think China's Economy is a Big Success Story? Think Again.

by Cato Institute on May 16, 2014 | Views: 320 | Score: 5
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Cato Institute
Cato Institute on May 9, 2014 11:44 PM said:

There have been a bunch of misleading stories about China “overtaking” the United States in economic output. But GDP is not the only number that matters—we have to look at per capita GDP. By this measure, China's neighbor, Taiwan, is far above the world average while China has only recently reached that level. What's Taiwan's secret? Learn more:

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