Is the People’s Republic of China (PRC) still a developing country? This is a question that will increasingly be asked going forward, and it is one on which the Indian government must swiftly have a position.
The answer, in many ways, seems automatic. The PRC is now an aspirant superpower. It is one of the top two economies in the world; at gross domestic product per capita, that has likely already passed $10,000, it is now or will shortly be above the median world per capita income. Within four years, it will almost certainly be defined as an upper-income country
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