BEIJING -- China's per capita gross national income declined in dollar terms for the first time in 29 years in 2023, government data released Thursday shows, pulling it further from the World Bank's threshold for a high-income country.
Economy
China slips further from high-income status as earnings measure dips
Per capita GNI edges down 0.1% in dollars on economic and yuan weakness
A street scene in Shanghai. China had neared the threshold for a high-income country but is now slipping away. © Reuters
Read Next
Latest on Economy
