By 2013, disposable income had reached $24,565 per person. That's astounding. Disposable income grew by two orders of magnitude.
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.
By 2013, disposable income had reached $24,565 per person. That's astounding. Disposable income grew by two orders of magnitude.
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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