Japan's economy grows at slower pace, raises stakes for Abenomics

[Brainsucker]

I support his comment because GDP per capita IS an indicator. All you do is claim him to be wrong because you THINK he said GDP per capita is the BEST indicator when that was not what he said and not what I believe as well.

But Visom, Xunzi is right. IF China's GDP per capita is the same as US and Japan today, then they will have huge amount of nominal GDP and they dwarf every western countries GDP combined. Remember, they have 1,3 billion people. Japan has only 160 million people. And even with today GDP per capital, China GDP has surpass japan. So what happen if their GDP per capital reach today Japan's level? They'll need more than 10 times of today GDP. And just imagine how big it is. Even with all today US + Japan + European Countries (exclude Russia) today combined won't match their economy prowess. The only country that can match that capability is India, if they have today Japan's GDP per capital.