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Inside Putin's Russia; Is China peaking?; Knowledge in the digital age

Fareed Zakaria GPS

CHAPTER

The Importance of Demographics in China's Growth

If China manages to grow at 1.5 percentage points faster than the US which is something totally feasible It will be the world's largest economy in a little over 10 years Let's not underestimate the fact there are 600 million people still in China with less than $300 a monthly income They will be a huge boost to the consumption if they reach middle income by international standards. The enterprising people these are major forces and look if demographics didn't explain the China going on the way up it won't explain its way on the down downward to you.

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