China has staged a monetary coup, exploding from 3% to 18.6% of worldwide wealth since 2000, whereas India, regardless of its trillion-dollar goals, has barely scraped up 3.4%. The hole isn’t simply vast — it’s accelerating, warns information analyst Abhyudaya Avasthi.
“China has pulled off probably the most dramatic wealth accumulations in fashionable historical past,” Avasthi wrote on LinkedIn, evaluating China’s meteoric rise to India’s gradual crawl over 24 years.
Again in 2000, China held simply 3% of worldwide wealth. As we speak, it instructions 18.6%, second solely to the U.S. India, in contrast, has moved from below 2% to about 3.4%—a minor uptick in a interval of large international restructuring.
Whole wealth figures expose the chasm. China now holds $84.5 trillion in belongings, greater than 5.5 instances India’s $15.4 trillion. The U.S. nonetheless leads at $139.9 trillion, whereas Japan sits at $22.6 trillion.
China has additionally pulled far forward on family wealth. The median Chinese language grownup now holds $27,000—seven instances the Indian median of simply $3,700. Even in common phrases, China leads with $75,000 versus India’s $16,500. The U.S. stays dominant at $560,000 imply and $110,000 median.
“China’s median wealth is 7x India’s,” Avasthi pressured, calling it a direct results of a rising, resilient center class.
The inequality hole tells one other story. China’s Gini coefficient stands at 70.9%—nicely beneath India’s 82.5% and the U.S.’s 83%, suggesting China’s wealth will not be solely greater, however higher distributed. Japan stays essentially the most equal at ~65%.
In high-net-worth people, too, China ranks second globally, forward of Japan and India.
“For any nation chasing prosperity, China is the benchmark,” Avasthi mentioned.
