And credit Suisse is an expert on the matter and it's important to know the median wealth as it reflects a middle class consumer market and it's no secret that China is the largest.
It's actually accurate. GDP per capita was always a misleading number because it includes everyone from infants to senior citizens, and it fails to account for statistical outliers. The median wealth reflects more a large middle class and China in that department has definitely made headways significantly.
And credit Suisse is an expert on the matter and it's important to know the median wealth as it reflects a middle class consumer market and it's no secret that China is the largest.
It's actually accurate. GDP per capita was always a misleading number because it includes everyone from infants to senior citizens, and it fails to account for statistical outliers. The median wealth reflects more a large middle class and China in that department has definitely made headways significantly.