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Buy custom Taking Sides Citigroup in Post-WTO China

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Topic: Business
Number of pages / Number of words: 8 / 2021
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At the other extreme, Japan's nominal GDP per capita is around USD 37,600, but its PPP figure is only USD 31,400.

The CIA uses the purchase power parity (PPP) method in its calculations of Gross National Product. By this measure the People's Republic of China has the third largest economy in the world, at $8...


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However, the empirical foundation for all PPP estimates for China is weak, since no comprehensive survey of Chinese prices has ever been carried out by the International Comparison Project. Prices behind existing PPP estimates are few, out of date and may be unrepresentative of today's price structure...


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