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Ok in there you have a point. I ended up doing some more reading about this and saw this https://bigthink.com/politics-current-affairs/china-worlds-b...

So you are right with the nominal distinction, and if I was wrong about that, then the downvotes probably reflected that more than any opinion of mine.

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Even then, when India or China overtake, they’ll still be poor countries in many ways. Only a fraction of their populations will have disposable income at a level that companies can expect to get.

Of course you don’t need all the people in the country to have (disposable) money since their populations are so big.

And companies like PinDuoDuo in China have shown they can become $30B public companies with a profit in 2 years by mainly targeting poorer or more rural Chinese.

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