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In 25 yrs to 2025, China would've overtaken 56 nations in per capita income

By that date, China will rank 70th in the world on the metric, putting it close to joining the richest one-third of nations

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Alex Tanzi and Wei Lu | Bloomberg
China’s surging economy is set to overtake 56 countries in the world’s per-capita income rankings during the quarter-century through 2025, the International Monetary Fund projects.

By that date, China will rank 70th in the world on the metric, putting it close to joining the richest one-third of nations, according to data analysed by Bloomberg from last month’s IMF World Economic Outlook.

The Asian powerhouse is forecast to have per-capita GDP, adjusted for purchasing power, equal to $25,307 in 2025. That will take it past Argentina, one of the richest countries in the world a century ago and now mired

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First Published: Nov 18 2020 | 11:02 AM IST

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