Saturday, January 11, 2014

China's Disposable Income Grew Two Orders of Magnitude in a Decade

China is a big deal for business in general, the Internet, mobile and application businesses. But it is easy to forget how fast the underpinnings of the market are growing. A decade ago, disposable income per person was about $472. 

By 2013, disposable income had reached $24,565 per person. That's astounding. Disposable income grew by two orders of magnitude. 

Xiaomi02

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