195 Million: Number Of College Graduates Planned In China By 2020January 17, 2013 7:55 am
If that number sounds somewhere close to a known number – the population of the US is around 300 million. We spotted this stat today, that China is investing in colleges in a big way, and plans to have 195 million college graduates by 2020 (Source)
How do we digest this stat? China is putting in a $250 billion investment every year on ‘human capital’. These are huge numbers. There is also a huge movement of people from rural China to the cities. These are trends that would have huge implications for the global markets.