It's not impossible to happen since China's action has been promising during this pandemic. They have showcased proactive solution which made most of the countries left in awe. I actually commend them in handling the covid-19 virus. In a short span of time, the scientists in their country were able to made several vaccines that have high efficacy rate.
However, surely the economy of US will bounce back once majority of its citizens will be vaccinated. Sooner or later, their industry will be fully operational like China's and other neighboring countries. The two will definitely be great competitors of each other during that time as the largest global economy by the year 2028.
Topic: China to overtake the Us as the largest global economy by 2028? (Read 948 times)
I think it won't happen anytime soon. Although I'm not closing the possibilities.
China has been far ahead in terms of combatting the pandemic crisis. I applaud their pacing in addressing the needs of their citizens despite having a breakout early last year in one of their cities. China's economy has slowly recovered compared to the neighboring countries that are still stuck from lockdowns and quarantine protocols. Which I think have a nice impact to their economy because the residents can freely move and the businesses are fully operational.
However, let's also put into consideration that the vaccines are on roll already. Soon enough, majority of the countries will achieve herd immuty through the help of vaccinations. This will help most countries recover, particularly the US. Let's not forget that US is still the leading country in the world despite the pandemic crisis. So, I think, China will still have a hard time competing to get the top spot and replace US as having the largest global economy by 2028.
But then again, who knows? Only time can tell.
China has been far ahead in terms of combatting the pandemic crisis. I applaud their pacing in addressing the needs of their citizens despite having a breakout early last year in one of their cities. China's economy has slowly recovered compared to the neighboring countries that are still stuck from lockdowns and quarantine protocols. Which I think have a nice impact to their economy because the residents can freely move and the businesses are fully operational.
However, let's also put into consideration that the vaccines are on roll already. Soon enough, majority of the countries will achieve herd immuty through the help of vaccinations. This will help most countries recover, particularly the US. Let's not forget that US is still the leading country in the world despite the pandemic crisis. So, I think, China will still have a hard time competing to get the top spot and replace US as having the largest global economy by 2028.
But then again, who knows? Only time can tell.
There is no pandemic in China. They managed to contain the pandemic many months back and the isolated cases that are being reported from there are migrated individuals coming from other countries. China, despite a population of 1.41 billion remains the only country in the world which has eradicated the pandemic, and all the other countries are struggling to contain it. And I am not sure whether vaccination can completely eradicate COVID 19. Because countries such as Seychelles and UK have achieved more than 50% vaccination rate. But even now, dozens of deaths are being reported from these countries everyday.
I just checked, and it's not dozens of deaths, actually.
Here's the numbers for 2 days ago:
and these are for yesterday:
(No new cases and deaths for Seychelles at all)
So, it looks like the vaccine is working, and not only China is recovering. Also, regarding China, the whole world should be happy about the pandemic is being contained there. China's share of global GDP is over 18% currently, and, in fact, everybody's interested in the growing of the Chinese economy, every country, including the US.
I think it won't happen anytime soon. Although I'm not closing the possibilities.
China has been far ahead in terms of combatting the pandemic crisis. I applaud their pacing in addressing the needs of their citizens despite having a breakout early last year in one of their cities. China's economy has slowly recovered compared to the neighboring countries that are still stuck from lockdowns and quarantine protocols. Which I think have a nice impact to their economy because the residents can freely move and the businesses are fully operational.
However, let's also put into consideration that the vaccines are on roll already. Soon enough, majority of the countries will achieve herd immuty through the help of vaccinations. This will help most countries recover, particularly the US. Let's not forget that US is still the leading country in the world despite the pandemic crisis. So, I think, China will still have a hard time competing to get the top spot and replace US as having the largest global economy by 2028.
But then again, who knows? Only time can tell.
China has been far ahead in terms of combatting the pandemic crisis. I applaud their pacing in addressing the needs of their citizens despite having a breakout early last year in one of their cities. China's economy has slowly recovered compared to the neighboring countries that are still stuck from lockdowns and quarantine protocols. Which I think have a nice impact to their economy because the residents can freely move and the businesses are fully operational.
However, let's also put into consideration that the vaccines are on roll already. Soon enough, majority of the countries will achieve herd immuty through the help of vaccinations. This will help most countries recover, particularly the US. Let's not forget that US is still the leading country in the world despite the pandemic crisis. So, I think, China will still have a hard time competing to get the top spot and replace US as having the largest global economy by 2028.
But then again, who knows? Only time can tell.
There is no pandemic in China. They managed to contain the pandemic many months back and the isolated cases that are being reported from there are migrated individuals coming from other countries. China, despite a population of 1.41 billion remains the only country in the world which has eradicated the pandemic, and all the other countries are struggling to contain it. And I am not sure whether vaccination can completely eradicate COVID 19. Because countries such as Seychelles and UK have achieved more than 50% vaccination rate. But even now, dozens of deaths are being reported from these countries everyday.
I think it won't happen anytime soon. Although I'm not closing the possibilities.
China has been far ahead in terms of combatting the pandemic crisis. I applaud their pacing in addressing the needs of their citizens despite having a breakout early last year in one of their cities. China's economy has slowly recovered compared to the neighboring countries that are still stuck from lockdowns and quarantine protocols. Which I think have a nice impact to their economy because the residents can freely move and the businesses are fully operational.
However, let's also put into consideration that the vaccines are on roll already. Soon enough, majority of the countries will achieve herd immuty through the help of vaccinations. This will help most countries recover, particularly the US. Let's not forget that US is still the leading country in the world despite the pandemic crisis. So, I think, China will still have a hard time competing to get the top spot and replace US as having the largest global economy by 2028.
But then again, who knows? Only time can tell.
China has been far ahead in terms of combatting the pandemic crisis. I applaud their pacing in addressing the needs of their citizens despite having a breakout early last year in one of their cities. China's economy has slowly recovered compared to the neighboring countries that are still stuck from lockdowns and quarantine protocols. Which I think have a nice impact to their economy because the residents can freely move and the businesses are fully operational.
However, let's also put into consideration that the vaccines are on roll already. Soon enough, majority of the countries will achieve herd immuty through the help of vaccinations. This will help most countries recover, particularly the US. Let's not forget that US is still the leading country in the world despite the pandemic crisis. So, I think, China will still have a hard time competing to get the top spot and replace US as having the largest global economy by 2028.
But then again, who knows? Only time can tell.
Spend some time reading these articles:
The first article by a Chinese media publisher and the second by a Western one. The main idea in the first news wasn't proven through reality while content in the second news has been verified all over the Internet. Just like Sinopharm, Sinovac was also approved long before by WHO. Do you think Sinopharm can make the difference? Forget about WHO, they can't even give any wise decision on Covid-19 Pandemic at the moment.
- Chile says China’s Sinovac coronavirus vaccine 67 per cent effective against symptomatic infection
- Chile has one of the world’s best vaccination rates. Covid is surging there anyway
The first article by a Chinese media publisher and the second by a Western one. The main idea in the first news wasn't proven through reality while content in the second news has been verified all over the Internet. Just like Sinopharm, Sinovac was also approved long before by WHO. Do you think Sinopharm can make the difference? Forget about WHO, they can't even give any wise decision on Covid-19 Pandemic at the moment.
There are large number of countries which imported Chinese vaccines to vaccinate their population - Chile, Turkey, Morocco, Serbia, Hungary, Brazil, Cambodia.etc. And one thing is common with all these countries. All of them are witnessing a surge in daily CoVID infections and deaths. Countries like Chile have administered the first dose to almost 50% of their population, and still it doesn't seems to be having an impact on containing the pandemic.
~I do not agree with your point of view, although the countries have mutual economic support through the export and import process but this process did not create too much development, the development came from competition, look at the crypto market, you can also see this process, most countries have specific products and cannot be copied by that country.
A healthy competition isn't going anywhere, and you are right, it helps economic development. I was rather talking about the unhealthy one, when one country(or a block of countries) desires to be ahead no matter what. If they can't grow economically, they are rooting for their adversaries to decline. This type of "competition" ended not so long ago, but fortunately for ever.
Moreover, the US is a fairly strong country in the military, the weapons are a very expensive brand and the US is very developed in this field, China is always difficult to surpass the US with current technology.
Absolutely agree with you on this one. Overall, any governmental propaganda telling their citizens they have better armed forces than the U.S. are just lying.
The military is military, but economically I think the Chinese are winning! It's because of their crazy products! So I visit Chinese stores and I buy crazy toys for my kid, for 1-2 euros, and you can choose! And few times I was amazed by some of their simple products, just plastic, and it's shit, and it's just a euro or two... so we can buy them all the time!
I am not sure about the healthy competition here, because there are too many Chinese, with many resources... but what they are doing in the last 20 years is paying off for them, they are everywhere, and a lot of money is in circulation, we probably can't imagine what is coming in and out from China!
This is just my point of view... I didn't/don't have access to many (if any?) products from the US, and maybe they are more expensive than Chinese, and I don't look/hear about them a lot, so I can't be objective here as some others can!
Apart from Tabasco hot sauce and Jack Daniel's whiskey, which I'm sure are presented in your country too, I don't see many products "made in U.S.A." in my country either, while "made in China" are practically everywhere. That's because Chinese products are offering an amazing price/quality ratio. But, speaking of competition, since the Chinese economy is extremely export dependent, prosperity of other nations is essential for its growth. Imo, it's not much of a competition when you are interested in the prosperity of your rivals.
~
if the two countries both agreed to the terms. It's all for them to execute plans. US had also done the same terms in my countries which is lopsided terms actually and we wasted a lot of money for arbitration that can't be enforced by the international court. it's just a way for them to make money from us.
the shortage of chips and other products will dictate who will have the larger economy. once a country like china announces that they can provide products, they will soon impose their own terms.
~
The fact is that the poor nations have no other option. They can't get loans from the Western nations, because these nations are themselves knee-deep in debt. China seems to be the only country with surplus money. So if a poor nation wants to build a railway line or airport, taking a loan form China seems to be the only option. All that said, I don't think that the Western nations are any better than the Chinese. A perfect example is the 1998–2002 Argentine great depression. Western agencies forced the Argentine government to agree to a lot of unfair terms when they defaulted. The same happened a decade ago, with Cyprus.
if the two countries both agreed to the terms. It's all for them to execute plans. US had also done the same terms in my countries which is lopsided terms actually and we wasted a lot of money for arbitration that can't be enforced by the international court. it's just a way for them to make money from us.
the shortage of chips and other products will dictate who will have the larger economy. once a country like china announces that they can provide products, they will soon impose their own terms.
~
The fact is that the poor nations have no other option. They can't get loans from the Western nations, because these nations are themselves knee-deep in debt. China seems to be the only country with surplus money. So if a poor nation wants to build a railway line or airport, taking a loan form China seems to be the only option. All that said, I don't think that the Western nations are any better than the Chinese. A perfect example is the 1998–2002 Argentine great depression. Western agencies forced the Argentine government to agree to a lot of unfair terms when they defaulted. The same happened a decade ago, with Cyprus.
This is very strange indeed. So far I didn't read much about how the virus really originated. We all know that China likes to manipulate it's numbers, but still how can that be? China has so many people and they also live together very close in large cities, but still it doesn't seem severe over there. Also I heard that China has multiple corona vaccines already on the market, even before western pharma companies had them. It doesn't sound right.
Everything you "heard" about China doesn't seem right. China denies all the bad things originated or related to them all claims ownership over all the good things surrounding them. Covid-19 clearly originated from Wuhan but Chinese state media claims Covid-19 might have originated in Southeast Asia or India. Regarding data manipulation, I don't have any solid proof but I know for sure steel price's insanely increased lately was contributed a lot by China. To maintain its beautiful GDP growth, China must increase government spending by pouring money into infrastructure construction. This boosts demand on steel hence pumps its price.
Chinese Corona vaccines are a joke. Look at those countries that used them, from Cambodia, Nepal to Brazil, which countries isn't on the brink of collapse by Covid-19?
- Chile says China’s Sinovac coronavirus vaccine 67 per cent effective against symptomatic infection
- Chile has one of the world’s best vaccination rates. Covid is surging there anyway
The first article by a Chinese media publisher and the second by a Western one. The main idea in the first news wasn't proven through reality while content in the second news has been verified all over the Internet. Just like Sinopharm, Sinovac was also approved long before by WHO. Do you think Sinopharm can make the difference? Forget about WHO, they can't even give any wise decision on Covid-19 Pandemic at the moment.
Haven't seen many people mention AI. China (and Russia, but set them aside for now) have been working on improving their AI innovation, and China steals R&D from the US, so they can innovate faster and cheaper. Joe Biden doesn't know what's going on, so he isn't going to advocate for technological advancement in the private sector to beat China. Trump was tougher on China, but it was more on the economic front (trade wars, tweeting a bunch of nonsense every time he was upset, ect.) China will topple the US as the world's greatest super power, if they continue on this track.
The presidency on almost any country is just a charade to keep the illusion going that we are free as a citizen of the country, Biden is going to be the same as Trump, they will not be able to do shit because they aren't of this generation so they don't know what to do in this ine. I am sure that China will takeover US in terms of ranking in economy and they can make it faster if they open some aspects of their economy to the world. I don't think that the vaccine can cure covid once a person is vaccinated but only helps fight the covid for stoping the illness getting worse. Some people in my country died when he was vaccinated but I won't say where the vaccine came from as the family of the person did say that it came from municipal officials which is required before you can work.
Vaccines are for prevention, and doesn't work that well as a cure. Vaccines such as Pfizer, Moderna and Sputnik V have an efficacy of over 90%, which means that it prevents the people from getting infected 9 out of 10 times. And when rarely the vaccinated people get infected from COVID 19, usually they recover easily, since they already have the antibodies in their bloodstream. Even here in India, a number of deaths have occurred among people who received both the doses of the AstraZeneca vaccine.
Haven't seen many people mention AI. China (and Russia, but set them aside for now) have been working on improving their AI innovation, and China steals R&D from the US, so they can innovate faster and cheaper. Joe Biden doesn't know what's going on, so he isn't going to advocate for technological advancement in the private sector to beat China. Trump was tougher on China, but it was more on the economic front (trade wars, tweeting a bunch of nonsense every time he was upset, ect.) China will topple the US as the world's greatest super power, if they continue on this track.
From what I heard, China has so far shipped hundreds of millions of doses of this so called "vaccine" (Sinopharm). But it seems to be having zero impact in countries where it was administered. Chile vaccinated almost half of the eligible population using this vaccine. But despite 50% of the populaiton being vaccinated, now they are witnessing record number of new infections and deaths from COVID 19. The same is the case in other countries where this vaccine was used - Hungary, Serbia, Turkey, Cambodia, Morocco.etc. And despite this, many of the poorer countries around the world continue to purchase their vaccines from Sinopharm, since they don't have any other choice (the latest to enter in to an agreement is Egypt).
Where is the sense in accepting vaccine from the same country that was the root cause of this problem in the first place! None, but since the situation was detrimental at the time it had to be done, and even at that the results are poor, a clever move by this power hungry country,
It won't surprise me when it will be proven that those covid-19 data were heavily manipulated, suddenly the Chinese government where able to create a vaccine within a short period of time to suppress and completely eradicate covid out of their country and left the rest of the world battling with the disease till now,
Same miracle working vaccines where taken by other countries and don't seem to be having same effect and outcome, why is that! Or could it be that something totally different was sent over to this countries? It won't be surprising also. It is just pathetic.
It won't surprise me when it will be proven that those covid-19 data were heavily manipulated, suddenly the Chinese government where able to create a vaccine within a short period of time to suppress and completely eradicate covid out of their country and left the rest of the world battling with the disease till now,
Same miracle working vaccines where taken by other countries and don't seem to be having same effect and outcome, why is that! Or could it be that something totally different was sent over to this countries? It won't be surprising also. It is just pathetic.
From what I heard, China has so far shipped hundreds of millions of doses of this so called "vaccine" (Sinopharm). But it seems to be having zero impact in countries where it was administered. Chile vaccinated almost half of the eligible population using this vaccine. But despite 50% of the populaiton being vaccinated, now they are witnessing record number of new infections and deaths from COVID 19. The same is the case in other countries where this vaccine was used - Hungary, Serbia, Turkey, Cambodia, Morocco.etc. And despite this, many of the poorer countries around the world continue to purchase their vaccines from Sinopharm, since they don't have any other choice (the latest to enter in to an agreement is Egypt).
This is very strange indeed. So far I didn't read much about how the virus really originated. We all know that China likes to manipulate it's numbers, but still how can that be? China has so many people and they also live together very close in large cities, but still it doesn't seem severe over there. Also I heard that China has multiple corona vaccines already on the market, even before western pharma companies had them. It doesn't sound right.
Everything you "heard" about China doesn't seem right. China denies all the bad things originated or related to them all claims ownership over all the good things surrounding them. Covid-19 clearly originated from Wuhan but Chinese state media claims Covid-19 might have originated in Southeast Asia or India. Regarding data manipulation, I don't have any solid proof but I know for sure steel price's insanely increased lately was contributed a lot by China. To maintain its beautiful GDP growth, China must increase government spending by pouring money into infrastructure construction. This boosts demand on steel hence pumps its price.
Chinese Corona vaccines are a joke. Look at those countries that used them, from Cambodia, Nepal to Brazil, which countries isn't on the brink of collapse by Covid-19?
Where is the sense in accepting vaccine from the same country that was the root cause of this problem in the first place! None, but since the situation was detrimental at the time it had to be done, and even at that the results are poor, a clever move by this power hungry country,
It won't surprise me when it will be proven that those covid-19 data were heavily manipulated, suddenly the Chinese government where able to create a vaccine within a short period of time to suppress and completely eradicate covid out of their country and left the rest of the world battling with the disease till now,
Same miracle working vaccines where taken by other countries and don't seem to be having same effect and outcome, why is that! Or could it be that something totally different was sent over to this countries? It won't be surprising also. It is just pathetic.
This is very strange indeed. So far I didn't read much about how the virus really originated. We all know that China likes to manipulate it's numbers, but still how can that be? China has so many people and they also live together very close in large cities, but still it doesn't seem severe over there. Also I heard that China has multiple corona vaccines already on the market, even before western pharma companies had them. It doesn't sound right.
Everything you "heard" about China doesn't seem right. China denies all the bad things originated or related to them all claims ownership over all the good things surrounding them. Covid-19 clearly originated from Wuhan but Chinese state media claims Covid-19 might have originated in Southeast Asia or India. Regarding data manipulation, I don't have any solid proof but I know for sure steel price's insanely increased lately was contributed a lot by China. To maintain its beautiful GDP growth, China must increase government spending by pouring money into infrastructure construction. This boosts demand on steel hence pumps its price.
Chinese Corona vaccines are a joke. Look at those countries that used them, from Cambodia, Nepal to Brazil, which countries isn't on the brink of collapse by Covid-19?
Everything is simple here. It's no secret that official China loves to manipulate data to achieve its goals. For a long time they hid the real indicators of morbidity, did not let international observers in, distorted the data in every possible way, including deliberate forgery! Therefore, looking at the official statistics from China is a pointless exercise - you will base your calculations on incorrect baselines. I am a supporter of simple logic - if some statistical data differ sharply from the "standard" - then there is either an error in the data (including deliberate manipulations), or there are some real reasons for such deviations. For example, the sales volume of air conditioners in the Far North is always lower than in Southeast Asia, that is all logical 
China might have manipulated its data. I am not going to argue about it. But how they managed to completely eradicate the COVID 19 pandemic within their borders? The last reported death from COVID 19 in China was many months ago. How come they are able to eradicate a virus, which is creating trouble for all the other countries in the world? And they are not lying about it. The Chinese cities are not under lockdown or any restriction, and the life seems to be normal. How this is possible?
About "eradicate the pandemic", I have to recall the phrase "data manipulation" again. If you search on Google for information on the words "China data manipulation", but without specifying the keyword COVID, you will see how many materials on this topic, and how many of them concern the coronavirus, including. Let me remind you once again - there are statistics, there are trends, and there are anomalies. So the data for China is a solid anomaly! But in classical analytics, we identify the causes of the anomaly that explain its origin. So you will not find logical explanations for the Chinese analytical anomalies. And I was not the first to pay attention to this. There are a lot of quite solid articles in reputable publications, with specific verifiable figures, which show that there is a systemic manipulation of data - from economic growth to the fight against coronavirus. Just for example: back in April 2020, there was such an interesting article https://www.aei.org/wp-content/uploads/2020/04/Estimating-the-True-Number-of-Chinas-COVID-19-Cases .pdf
Well, after spending 10-15 minutes, you will find a huge amount of materials on the analysis of data manipulation by the Chinese government. If you do not find - contact - I will help
This is very strange indeed. So far I didn't read much about how the virus really originated. We all know that China likes to manipulate it's numbers, but still how can that be? China has so many people and they also live together very close in large cities, but still it doesn't seem severe over there. Also I heard that China has multiple corona vaccines already on the market, even before western pharma companies had them. It doesn't sound right.
Everything you "heard" about China doesn't seem right. China denies all the bad things originated or related to them all claims ownership over all the good things surrounding them. Covid-19 clearly originated from Wuhan but Chinese state media claims Covid-19 might have originated in Southeast Asia or India. Regarding data manipulation, I don't have any solid proof but I know for sure steel price's insanely increased lately was contributed a lot by China. To maintain its beautiful GDP growth, China must increase government spending by pouring money into infrastructure construction. This boosts demand on steel hence pumps its price.
Chinese Corona vaccines are a joke. Look at those countries that used them, from Cambodia, Nepal to Brazil, which countries isn't on the brink of collapse by Covid-19?
~I do not agree with your point of view, although the countries have mutual economic support through the export and import process but this process did not create too much development, the development came from competition, look at the crypto market, you can also see this process, most countries have specific products and cannot be copied by that country.
A healthy competition isn't going anywhere, and you are right, it helps economic development. I was rather talking about the unhealthy one, when one country(or a block of countries) desires to be ahead no matter what. If they can't grow economically, they are rooting for their adversaries to decline. This type of "competition" ended not so long ago, but fortunately for ever.
Moreover, the US is a fairly strong country in the military, the weapons are a very expensive brand and the US is very developed in this field, China is always difficult to surpass the US with current technology.
Absolutely agree with you on this one. Overall, any governmental propaganda telling their citizens they have better armed forces than the U.S. are just lying.
The military is military, but economically I think the Chinese are winning! It's because of their crazy products! So I visit Chinese stores and I buy crazy toys for my kid, for 1-2 euros, and you can choose! And few times I was amazed by some of their simple products, just plastic, and it's shit, and it's just a euro or two... so we can buy them all the time!
I am not sure about the healthy competition here, because there are too many Chinese, with many resources... but what they are doing in the last 20 years is paying off for them, they are everywhere, and a lot of money is in circulation, we probably can't imagine what is coming in and out from China!
This is just my point of view... I didn't/don't have access to many (if any?) products from the US, and maybe they are more expensive than Chinese, and I don't look/hear about them a lot, so I can't be objective here as some others can!
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