Japan's Per-Capita GDP is 10X Greater Than China's

From Mark J. Perry at http://mjperry.blogspot.com/

The news media is making a big deal about the fact that China surpassed Japan in 2010 as the world's second largest economy, see WSJ article here.  But on a per-capita basis, China's GDP ranks #95 in the world, and is still lagging behind Ecuador and Iran. Japan's per-capita GDP is about 10 times greater than China's (see chart above).