10 March 2011

Everybody's asking... "Hu's on first?"

Thing is... it ain't "the gimme" everybody seems to think...
"Far from an economic powerhouse, China's economy remains a middleweight when its vast number of poor people is taken into account — the country's per capita GDP is only around US$4,500, 1/10th that of the U.S."

"And as a share of the economy, household incomes have actually declined over the past decade."