China As United States Or 350 Albanias?
Posted by Dan on November 23, 2008 at 06:03 AM
Fascinating post over at China Economics Blog, entitled, "The geographic similarities between China and the US." The post is on a recent Financial Times (FT) article, entitled, "How China can be more than 350 Albanias," that starts out noting all kinds of similarities between China and the US, but concludes by pointing out that China's per capita income is still less than that of Albania, though with 350 times the population. So do we view China as we view the US, or is it just Albania times 350? I say both.
