China's Economic Convergence with High-Income Countries
Data from Figure 3.7, which compares GDP per capita in PPP terms relative to the US, illustrates the trend of economic convergence for China. The chart shows that China is consistently narrowing the gap in living standards with high-income countries.
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On a line chart showing various countries' GDP per capita as a percentage of the U.S. GDP per capita (where U.S. = 100 for each year), a country's line trends downward from 95 to 90 over a five-year period. This downward trend necessarily indicates that the country's own absolute GDP per capita has decreased during that time.
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Learn After
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