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Chinese GDP will be more than double that of the US in under a decade, if recent growth rates persist. (www.worldeconomics.com)

submitted 6 months ago by yogthos@lemmy.ml to c/worldnews@lemmygrad.ml

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[–] zero_spelled_with_an_ecks@programming.dev -5 points 5 months ago (1 children)

I'm 15 at least, maybe even 15 and a half.

But fine, from the article:

What might alter this perspective Any number of factors might derail China's growth, even in the short term, including war over Taiwan, mismanagement of the Chinese economy linked to its poor Governance rating, and further attempts by America to reduce trading links with China.

So as long as nothing unexpected happens, yeah, the graph will keep going as it has been. Great article, well worth a much better response than I gave it.

[–] RedClouds@lemmygrad.ml 2 points 5 months ago (1 children)

You can read the other responses. They have references.

You'll be reminded of this when China's GDP is officially twice Americas.

[–] zero_spelled_with_an_ecks@programming.dev 0 points 5 months ago (1 children)

Is that supposed to be menacing, being reminded? And if it becomes twice America's, their population is currently more than three times America's, so it's not the brag you seem to think it is. Not that GDP is how countries should measure their economic dicks anyway.

[–] Aria@lemmygrad.ml 3 points 5 months ago

It's a big deal when their PPPGDPPC in 1950 was 50 USD. In 1990 they were poorer per capita than Afghanistan, Cambodia, DR Congo, Ghana, Haiti, India, Kenya, Nigeria, Pakistan, The Philippines, Sudan, Zimbabwe. Both where they were then and also where they are now in the cases where they've gotten poorer.