How the mighty are fallen. Thirty-five years ago the average German was roughly 15 times richer than the average Chinese. Today the ratio is less than 3-to-1. Back in 1980 the Chinese economy accounted for just 2.2% of global economic output, one third the size of Germany’s share. By 2016, according to the International Monetary Fund, the Chinese share will be 18%, six times larger than Germany’s.
source:cnn
