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China is really "Maldonesia".

60% of the country is lower middle-income, similar to Indonesia

20% (coastal provinces) is upper middle-income, like Malaysia

20% (Tier 1 cities and HK) is higher-income, like Singapore https://t.co/4wUSKKvmKV

— David Fickling (@davidfickling) July 4, 2019

via Twitter https://twitter.com/davidfickling

July 04, 2019 at 02:20PM