Is the US or China the world’s economic superpower?
TBS Report
01 October, 2021, 02:40 pm
TBS Report
01 October, 2021, 02:40 pm
Is the US or China the world’s economic superpower?
www.tbsnews.net
Latest Thread
US is an economic superpower by printing dollars, China only produces products.Zero growth can be called the economic superpower?
Goldman Sachs Just Slashed Its China Growth Forecast to Zero
“Recent sharp cuts to production in a range of high-energy-intensity industries add to the already significant downside pressures in the growth outlook,” Goldman Sachs' analysts, led by Hui Shan, said in a note.www.barrons.com
This has much to do with China strict emission restriction laws. As for millions of home are out of power, that's pure bullshit.China is having an energy crisis.
"In recent days, factories in 20 of China’s 31 provinces have suffered a loss of power, forcing many to shut down production, at least for hours at a time. Millions of households in the north-east of the country have also lost power and found that they cannot use electricity to heat or light their homes."
How bad is China’s energy crisis?
Country is implementing power rationing as supplies dwindle due to price raise of imported coalwww.theguardian.com
It's true in nominal numbers, don't know why all western countries believe China has bigger economy than US. Not yet.Simple:
US GDP : $23T from a population 1/4th of China
China GDP : $14T from a population 4x the US.
US clearly won.
Without China's manufactured products, US medical workers had to wear trash bags fighting the pandemic. A military without robust manufacturing industries is not sustainable, now the only thing US is good at is printing dollars, now their government is on the brink of bankrupcy.USA is numero uno in 2021. But the trend points to one fact. China is rising fast and will pip USA by 2031. Nobody can doubt that this century will be see emergence of China as a hyperpower. USA will remain a superpower. But Chinese economic prowess and population size will hurtle that country to another level that probably would deserve a new category of superpower plus - thus hyperpower.
In a hostorical context is is just reverting to the status quo that existed for thousand years. USA as superpower is just a historical aberration.
Okay. USA will remain top dog now for eternity I guess breaking the historical truism that all great powers rise and then subside.China is actually concerned that they will grow old before being rich.
the US is what the Romans were during the ancient times. Sure competitors rise and challenged their dominance, from Carthage, Persia, Huns etc. But the Romans lasted longer than their foes.Okay. USA will remain top dog now for eternity I guess breaking the historical truism that all great powers rise and then subside.
China has a massive base population and the country never failed to produce a big population in the history, and also there are over 100 million overseas Chinese who can be easily naturalised and rejoin China. The true demographic problem is US, which is not bonded by blood and ethnicity, it lacks the fundimental cohesive glue to bond a nation together, in 15 years, US will become a non white predominant country.imo, there's only one country ever that had a hyperpower status, that is the USA right after the end of the cold war. Basically the US and it's European and Japanese allies have the single largest chunk fg the world economic, diplomatic and military power and it stays that way until at least 2010 when China rises to the giant we know today.
But not for long, the US is a more dynamic economy with higher GDP/capita, it's population are young and vibrant, it continues to attract talents from abroad. and its economy are consumer and service based not manufacturing, which is more sustainable.
China otoh, its populations getting grey faster than any other countries on earth, internationally it's getting significant pushback and increasingly isolated and it's economic growth are slowing at a very rapid pace.
China is actually concerned that they will grow old before being rich.
If you mean if I have read papers driven by American, Indian or their proxies telling us USA will remain at the top until the earth perishes the answer is a firm no. And have you done any research that tells us USA will last at the top until time runs out?Have you actually done some research to back your claim ??
This 1.4B pop you're boasting is a double edged sword, if they're young and vibrant they're a boost to the economy, if they're old they're a burden to the state. Now we all know that China is greying faster than any other countries on earth.China has a massive base population and the country never failed to produce a big population in the history, and also there are over 100 million overseas Chinese who can be easily naturalised and rejoin China. The true demographic problem is US, which is not bonded by blood and ethnicity, it lacks the fundimental cohesive glue to bond a nation together, in 15 years, US will become a non white predominant country.
imo, there's only one country ever that had a hyperpower status, that is the USA right after the end of the cold war. Basically the US and it's European and Japanese allies have the single largest chunk fg the world economic, diplomatic and military power and it stays that way until at least 2010 when China rises to the giant we know today.
But not for long, the US is a more dynamic economy with higher GDP/capita, it's population are young and vibrant, it continues to attract talents from abroad. and its economy are consumer and service based not manufacturing, which is more sustainable.
China otoh, its populations getting grey faster than any other countries on earth, internationally it's getting significant pushback and increasingly isolated and it's economic growth are slowing at a very rapid pace.
China is actually concerned that they will grow old before being rich.
Actually most overseas Chinese live in south eastern Asian countries, not US. Many of them lived in those countries for many generations, now China is getting richer and more developed, many of them started to move back, people go after money and opportunities.Why are there even a birth tourism for Chinese nationals in the US ??
DAMN YOU, i wanna post this first lolInteresting read:
China Is a Declining Power—and That’s the Problem
The United States needs to prepare for a major war, not because its rival is rising but because of the opposite.foreignpolicy.com