Just under half of the world’s 2,755 billionaires are citizens of the U.S. or China, and nearly every country has more billionaires than they did at the outset of the pandemic in mid-March 2020.
Why is china still considered a developing country ...
Its modest income per capita qualifies it as a middle-incomedeveloping country. ... Itsdevelopmenthistory and characteristics also give it a standing with the community ofdeveloping countriesthat the United States and other advanced economies lack.23 July 2020
