Which of the following countries is not categorized as a high performing asian economy (hpae)?

japan

taiwan

china

hong kong

The country that is not categorized as a High Performing Asian Economy is China.

Explanation:

Japan has historically been the economic leader of Asia, not only for its large amount of production but also for its high GDP per capita of more than $44,000 in 2019. In addition, it is one of the most developed countries in the world in terms of Human Development Index.

Taiwan, in turn, has an even higher GDP per capita ($49,000), and is home to major technology and service companies that are top performers in Asia. Its position below Japan is due to its small population, of only 23 million inhabitants.

Hong Kong, belonging to China but with a special capitalist system, also has a high GDP per capita of $48,000, and is in the same situation as Taiwan, hosting large Asian and European capitals, mainly British.

On the contrary, although China is a macroeconomic power by virtue of its gigantic population of 1,400,000,000 inhabitants, its economic capacity per capita is only $18,000, that is, less than half of the rest of the countries listed. Therefore, although macroeconomically it is an important player in the international scene, its capacity is diminished by virtue of the large number of inhabitants over which it must distribute its income.