on a purchasing-power basis(Almost a century later, a sense of disdain still infuses perceptions of India among Chinese officials and scholars. Just look at the data, they say. At its independence in 1947, India’s gdp per head was higher than China’s (on a purchasing-power basis). But by the early 1990s, China had moved ahead on that and many other measures. By 2022, their populations were roughly equal but China’s economy was more than three times bigger.economist.comaldrignedigen)
