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China keeps up the pace in per capita GDP rankings

Shift from manufacturing- based economy to services- driven one has helped

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Over the next five years, China's per-person economic growth will see it outrunning the likes of Mexico and oil-rich Azerbaijan, putting it just shy of Argentina. Among the BRICS, it is modestly closing the gap with Russia's mid-40 rank position.

New York

CHINA'S transformation from rags to riches is not over quite yet.

Thanks to economic reforms put in place by Deng Xiaoping from the 1970s that set off rapid industrialisation and urbanisation, the China miracle is set to continue with its per capita gross domestic product

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