Branko Milanovic says a 30% yuan appreciation, with no other changes, would lift China’s nominal GDP to about $26 trillion and narrow its gap with the US to roughly 20%. Current nominal GDP stands near $20 trillion for China versus $30 trillion for the US.
published
Branko Milanovic says a 30% yuan appreciation, with no other changes, would lift China’s nominal GDP to about $26 trillion and narrow its gap with the US to roughly 20%. Current nominal GDP stands near $20 trillion for China versus $30 trillion for the US.
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