USA will lose economic war with both India at a later stage and China in a few years.
USA will lose economic war with India? and in a few years? this is really news to me.
let check the real figure, China produces over 60% of world total steel output, and half of copper, aluminium and other metals. China's indutrial and manufacturing capacity is a runway leader unrivaled by anyone in the world and China has the world largest skilled workforce by a huge unbridgeble margin.
China can outproduce anyone with much ease in almost everything, so in logistic supply chain, China is also a world leader. But China doesn't invest much in military cause China doesn't believe there's a need, still, with very low percentage of GDP for the defence budget, the growth year on year had really scared the enemies big time.
China's goal is never about military global domination, China wants a dominant role in economy, cause China knows so well that with a strong economy, everything else will naturally and eventually comes with it. without a strong economy, everything esle will go sooner than later.