Opinion
Published on: 13. September 2023

China's 'middle-income trap' – old specter or new challenge?

Rolf Langhammer
The debate over whether the Chinese economy has already surpassed the American one doesn't concern Chinese citizens. For them, the pressing question is whether they will become prosperous before they grow old or if their per capita income will soon hit a glass ceiling.

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Last updated: 24. July 2025
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