Milanovic calculates that there are today about 40 million Chinese earning more than the median US income (there are 165 million Americans in this group) but that if China continues to grow at 3 per cent faster than the US, then by 2040 this affluent Chinese group will have risen to 165 million. In short, there will by then be just as many moderately affluent consumers in China as in the US.
https://www.scmp.com/comment/opinion...c-picture-mind
Jamaica's best bet is to stay in the nonalign movement.
https://www.scmp.com/comment/opinion...c-picture-mind
Jamaica's best bet is to stay in the nonalign movement.