Birdwatch Note Rating
2024-01-05 13:41:32 UTC - HELPFUL
Rated by Participant: 11E6C9E36F9057DE1262210C044F58F3C217DC9EDAE13321B46D768A5D761D1B
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Original Note:
GDP nominal is criticised as being misleading as it doesn't take into account the relative cost of local goods and inflation rates. Most economists view PPP as being the better way to measure GDP, and under GDP (PPP), China does have the world's largest economy. https://cepr.net/china-has-the-worlds-largest-economy-get-over-it/ https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
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