The recent economic miracle led to huge increases in living standards across the region. Not to mention the number of people surviving on less than $2 USD a day was cut in half. A major turning point for this economic wonder was when China joined of the World Trade Organization in 2002. However, debt distorts these figures in a variety of ways. Catching up with the rest of the world: one step forward, two steps backMany are becoming increasingly anxious over Asia’s debt-fueled economy.

Source: Forbes November 24, 2017 09:45 UTC