US per capita income will be double China's even in 2061: study

Hong Kong

THE US will still have more than double China's per capita income by 2061 even as Chinese income levels are tipped for more rapid growth.

A study by the Federal Reserve Bank of Minneapolis found China's income per person will grow by two to three times the US pace over the next half century. But that pace will still leave income levels in China at half those of the US, underscoring the gap between the world's two biggest economies.