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by nomonnai 898 days ago
The article is about how countries get rich, i.e., boost their GDP. Of course, people in these countries will benefit from a growing GDP, but it's a different subject matter than amassing riches as an individual.

China's (12.7) and India's (2.4) GDP per capita are very low compared with South Korea's (32.4) or Japan's (33.8). The average Chinese or Indian citizen is relatively poor compared with their peers in developed countries. Changing this requires long-term sustained growth, which is difficult to get right.

China is greatly challenged by its demography and super-power ambitions with stagnating growth. India's problems have much to do with bureaucracy and lack of infrastructure, but it has shown robust growth in recent years. However, as difficult as India's problems are, China's demographic outlook and its political implications are nightmarish.