Remember, China is the second largest economy in the world. There was a HN article awhile back arguing that China is taxed as an emerging market (low tax), but is dollar size of a mature market. So, two questions:
Is China considered a maturing market?
Is China considered a mature market?
I don’t think just positive growth counts as maturing (even the US still grows), so I think the answers have to be mutually exclusive. Maybe you could argue the rate of growth makes it maturing, but I would love to compare it to the rate of US growth from 1950's-60's (was the considered US maturing or mature during that period?).
It's big but still has a lot of structural problems like any emerging market (e.g. very high unemployment, poor statistical data, only quasi-free markets, very high poverty rates, low per capita gdp, poor judicial system, et al). So it's pretty clearly an "emerging" market, i.e. non-OECD.
There's an unrelated question as to whether OECD and non-OECD countries should be treated differently.
>China
pick one
Remember, China is the second largest economy in the world. There was a HN article awhile back arguing that China is taxed as an emerging market (low tax), but is dollar size of a mature market. So, two questions:
Is China considered a maturing market?
Is China considered a mature market?
I don’t think just positive growth counts as maturing (even the US still grows), so I think the answers have to be mutually exclusive. Maybe you could argue the rate of growth makes it maturing, but I would love to compare it to the rate of US growth from 1950's-60's (was the considered US maturing or mature during that period?).