There is a cycle of articles in the New York Times on the growth of China. Today's article shows how fast it grew, and makes a point that the US dream: becoming well of even when born poor - is more likely in China than in the US.
The comparisons below use exchange rates. If we used PPP exchange rates, the picture would be a bit different
Income per capita, PPP exchange rates
US: $59 500
China: $16 700
Income per capita, Nominal exchange rates
US: $59500
China $ 8800
Where we stand with the Chinese opportunity:
Proportion of exports: biggest customer and China
Canada US 77%, China 4.3%
Finland Germany 14%, China 5.7%
Australia: China 33.5%
Germany: US 8.8%, China 6.8%
UK: US 13.2%, China 4.8%
US: Canada 18.3%, China 8.4%
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