Because this figure was much

underestimated. In fact, China 2013 physical GDP per capita was about 60% of the US counterpart (see the CIA World Factbook), about $5600 US; Using this figure times 5, you will get $28000 - that was the China 2013 GDP per capita. Otherwise, it is hard to explain the economic phenomena and scale of China.

1. In 2013, China produced 56% of iron and steel of the world.

2.In 2013, China consumed 60% of cement of the world.

3. In 2013, A Chinese people consumed more meat than an American did.

..... 

所有跟帖： 

• 这个解释说得通, 但又个疑问: 如果这样, RMB就被低估了5倍, 似乎也不合理.. -hillhawkus- ♂ (0 bytes) () 01/29/2015 postreply 17:35:21

• The factor could be as high as 6. -panlm_- ♀ (411 bytes) () 01/29/2015 postreply 17:43:56