Is china an medc or and ledc
Is china an medc or and ledc
china is an NIC (Newly Industrialised Country), although it has a very low GDP per capita this is only because Chinas population is so vast that the economys wealth is stretched out over its entirity. China has one of the fastest growing economys in the world, with its growth rate in double figures for several consecutive years. It scores relatively lowly on the HDI (Human Development Index) because it is densely overpopulated.