Remove 2003 Remove 2010 Remove GDP Remove Management
article thumbnail

China’s Economy, in Six Charts

Harvard Business Review

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Despite these impressive achievements, there is still plenty of room for catch up, with China’s per capita GDP only a fifth of the U.S. percentage points of GDP growth in 1979-1989, 0.5

GDP 13
article thumbnail

18 of the Top 20 Tech Companies Are in the Western U.S. and Eastern China. Can Anywhere Else Catch Up?

Harvard Business Review

Alibaba, the Chinese e-commerce leader, manages the world’s largest money market fund, and now plays an important role in financial and payment services. For the 274 companies started in 2003 or later that have reached unicorn status , half are in the U.S., From 2010 to 2017, the market cap of GAFAM companies increased by $2.6

article thumbnail

What So Many People Don’t Get About the U.S. Working Class

Harvard Business Review

Class migrants (white-collar professionals born to blue-collar families) report that “professional people were generally suspect” and that managers are college kids “who don’t know s**t about how to do anything but are full of ideas about how I have to do my job,” said Alfred Lubrano in Limbo.

Class 15