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Topic: China to overtake the Us as the largest global economy by 2028? - page 4. (Read 986 times)

sr. member
Activity: 1624
Merit: 315
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Huge changes are taking place in the world economy china will overtake the United States to become the world's largest economy with the United States and china battling for power in a situation where the coronavirus has infected the world. At the same time, overcoming the economic crisis depends on the rate of release of coronavirus infection between the two countries the coronavirus infection and the economic situation associated with it have reportedly completely benefited china. Skillful management’ has helped improve China’s economic infrastructure even in the midst of global hype china is much more advanced in both aspects of politics.
If China's growth continues and their New Silk Road and money trap continues, I am pretty sure that they are going to take over the 1st place in the global economy but one thing that irks me is that they still have a closed market so I think that they are not going to sustain that growth if they continue doing that.
sr. member
Activity: 1414
Merit: 326
Huge changes are taking place in the world economy china will overtake the United States to become the world's largest economy with the United States and china battling for power in a situation where the coronavirus has infected the world. At the same time, overcoming the economic crisis depends on the rate of release of coronavirus infection between the two countries the coronavirus infection and the economic situation associated with it have reportedly completely benefited china. Skillful management’ has helped improve China’s economic infrastructure even in the midst of global hype china is much more advanced in both aspects of politics.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
China deserve to be on top, they worked their ass off. hope they will grow more

Agreed. Being a democracy as its own advantages and disadvantages. And similarly, being a dictatorship also has it's own merits and demerits. In the US, the political parties need to take a populist stance on issues such as welfare and medicare, because if they don't do that then they will lose the elections. The regime in China doesn't need to worry about elections. They can just do whatever needed for the greater well being of the country, without worrying about the electoral outcome. On top of that, the Americans are wasting trillions of USD every year by invading and bombing third world countries. The Chinese are intelligent and they never go for direct warfare. They always opt for proxy warfare, which costs hardly anything.
hero member
Activity: 1316
Merit: 502
In terms of being strategic, China is definitely at the very top. Not only with the way they handled the pandemic but also the way they have sown business firms in different countries all over the world. Even in terms of territory, they seemed to be unbothered even when a certain country is already protesting against them and I think that is because of the military strength they possess. They know that if ever a war sparks out, they can win and outnumber any military forces not unless some other countries would interfere. They know what to do to secure their future and they are not skipping even the little steps they need to take that's why there will always be a high possibility that they will overtake US in the near future.
You seem to be raising China's reputation and despising the largest military and financial country like the United States. Great ambitions and strategies for the economy and making an impact on other countries is what I agree to say about China, but the United States is not weak in these matters, they understand China's power, and by longstanding relationships, the United States is gradually dismissing Chinese influences and imposing greater economic and military pressures, they are truly successful and this is a huge wall that China is difficult to overcome
sr. member
Activity: 1050
Merit: 286
In terms of being strategic, China is definitely at the very top. Not only with the way they handled the pandemic but also the way they have sown business firms in different countries all over the world. Even in terms of territory, they seemed to be unbothered even when a certain country is already protesting against them and I think that is because of the military strength they possess. They know that if ever a war sparks out, they can win and outnumber any military forces not unless some other countries would interfere. They know what to do to secure their future and they are not skipping even the little steps they need to take that's why there will always be a high possibility that they will overtake US in the near future.
newbie
Activity: 70
Merit: 0
China has grown rapidly since 1980. They have been proactive in most economic activities, China has made great achievements in its economy and when we look at its growth chart we will not be surprised. because of their speed.
America is rich, but it has different internal problems. The last pandemic has shown that the US did not do well and adversely affected economic activities. That's also something other Europeans can't do. China has curbed the pandemic well and brought economic activity back on.
China deserve to be on top, they worked their ass off. hope they will grow more
newbie
Activity: 70
Merit: 0
In my opinion, China knows the coronavirus outbreak will take advantage of him. Did you see that today china has overcome the virus and other countries around the world are suffering and also the US should investigate this we don't know what happens next after this. Most of the protective equipment use to prevent the spread of the virus is made from china and I afraid the China vaccines are the only vaccine that will be worked. It is clear to say that china planned this outbreak and surely dominate the global economy.

I would say that this is a very real possibility. Even isolated island nations such as New Zealand and Australia are unable to prevent COVID 19 outbreaks in their country. But China (despite being such a large country, sharing border with more than a dozen nations) has somehow miraculously managed to keep the outbreak at bay. How this is possible? What have they done so that they alone are immune from the outbreak and all the other nations are suffering?
we need to learn much from them.
newbie
Activity: 70
Merit: 0
             TWO ECONOMICS
The corona virus pandemic and it's economic fallout will help china rise past the US to become the world's largest economy, a new report shows. Beijing is now expected to overtake the US by 2028, as opposed to 2033, a UK think tank said in its letest report.
     
                   2028
''We expect the United States' share of the global GDP to decline from 2021 onwards, and for the country to eventually be overtaken by China as the world's largest economy,'' the Centre for Economic and Business Research (CEBR) said in an annual report released on Saturday.
''We now expect this to happen in 2028 five years sooner than in the previous edition of the WELT, '' referring to the think tank's Would Economic League Table, witch measures countries'   economic performance.

        China was 'skillful' with the pandemic

The quickened pace has been attributed to the defference between Beijing and Washington's response to the corona virus pandemic and the recovery that followed. The report hailed China's ''skillful management of the pandemic,'' where an early lockdown kept the numbers under control.

The report added that the Us would aslo see a strong post-pandemic rebound in the coming year, but its growth would allow down to 1.9% and 1.6% over the years that follow.

                WHAT IT IS?
China on the other hand is headed for an average growth rate of 5.7% a year from 2021 till 2025. Between 2026 and 2030, it is expected to slow down to 4.5% a year.

 Japan is expected to remain the third-largest economy until the early 2030s, when India could overtake it, pushing Germany to the fifth spot.

      What is your experiences, for more information: https://www.[Suspicious link removed]s/amp.dw.com/en/china-to-overtake-us-as-largest-global-economy-by-2028-report/a-56061395
well its something we all know will happen, Americans cant be best in everything.
jr. member
Activity: 170
Merit: 4
By 2028, even monkey has overtake the US, monkey is ruling the world.
member
Activity: 280
Merit: 28
I believe that will happen a bit sooner than 2028. Looking at things over last 5-6 years I guess it might happen by 2025, if not sooner.
hero member
Activity: 3164
Merit: 675
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It is a different situation, it is a weird situation. In one side we have the nation with the worst capitalist liberal ideas with USA where if you need insulin you need to pay 300 dollars per month to survive or you will be dead, countless people died because they couldn't afford their insulin, and military budget is 750+ billion dollars in that nation, way less that insulin purchases made in a year, and they are living the most ruthless capitalist system in the world.

On the other side we have a communist dictatorship where even if you say something bad about CCP that would mean that you are going to end up being either jailed or killed, and they are using inhumane conditions to grow in economy, making people at the top rich while others still bottom feed. So honestly there is no winners here, both nations are horrible at what they do and proof that left or right politics doesn't matter when it is bad, it is bad.
sr. member
Activity: 2366
Merit: 332
I think that China is going to really top US in terms of GDP in years and who knows, we might be able to see more human rights violation.

Which country are you fingering for human right violation? I don't expect you referring to America because they have a court system that check against that. We know America is referred to as the largest democratic national and that is because of her democratic structures.
On the other way too, the Chinese are really going into manufacturing in max and trying to conquer the market but K still don't see them taking over from American whose feet us already on the ground. They are leaving the memory of covid-19 behind as they giving aid to families which is good to restart the economy.
full member
Activity: 268
Merit: 100
America and China are developed countries and have economic strengths. But if you think China will overcome the US to become the global largest economy in 2028 it is a very difficult thing. The too long time can have many changes. America is heavily influenced by the translation of Covid19, the US is gradually restoring the economy.
sr. member
Activity: 1246
Merit: 263
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China has grown rapidly since 1980. They have been proactive in most economic activities, China has made great achievements in its economy and when we look at its growth chart we will not be surprised. because of their speed.
America is rich, but it has different internal problems. The last pandemic has shown that the US did not do well and adversely affected economic activities. That's also something other Europeans can't do. China has curbed the pandemic well and brought economic activity back on.
sr. member
Activity: 1988
Merit: 453
I would not be surprised if it becomes a reality that China will dominate the global economy in 2028, because China looks ready to face this pandemic.
Although there are many conspiracy theories supporting China providing false data regarding COVID-19 victims, but China's economic recovery is
proving very fast. In fact, I predict China will catch up with the American economy before 2028. I saw that China seems to be focused on being the best
in the economic sector.

I won't be surprised if that happens sooner than that. The American population is getting less and less productive, due to rising tax rates and an increase in illegal immigration. The immigration system in the US is quite strange, as it gives preference to unskilled labor, against highly skilled individuals. Farm workers and other blue collar laborers can easily immigrate to the US, but someone with 10 years of experience in aeronautics or engineering needs to wait for 10-15 years to get an opportunity to immigrate. On the other hand, China is not encouraging such behavior. They allow only a small number of migrants, and only those with the topmost skill level are able to migrate to China. 
member
Activity: 868
Merit: 63
I believe that China can do it since they have all the industries covered, from indebting third world countries with a debt trap, concentration camp of Uyghurs for slave labor and Falun Gong organ harvesting to name a few. I think that China is going to really top US in terms of GDP in years and who knows, we might be able to see more human rights violation.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
That's too early to tell because Now with New president there might be a good future US economy will recover and i am still believing on that.
With Biden administration there will be a future.
member
Activity: 1120
Merit: 68
If they continue their expansion in African continent and their New Silk Road, then they might be able to take over as the top economy in the world. They currently have a lot of mega tech cities and I think that is a symbol that they are advancing, but we can't ignore the fact that this campaign of taking over the world economy is going to crush a lot of human rights which is China is notorious of.
sr. member
Activity: 2352
Merit: 245
I have a big doubt with this, already half of the world or at least most of the develop countries are blaming China when it comes to the spread of the pandemic and China didn't respond well to that after that news we have seen news about factories from other countries such as Japan pulling out their operations from China as a response for what happened. If countries like this start and ask their big companies as well as support them I think they can counter China's growth in being into the top country when it comes to economy.
So far, everything goes to the point that China will soon overtake the United States in economic development. China's economy is growing very quickly and all world states are already seeing this. To prevent China from crushing them one by one, they will be forced to unite and their success will depend on how quickly and clearly they can do it. However, at the same time, each state has a number of its own personal interests and therefore it will be very difficult for them to negotiate.
hero member
Activity: 1806
Merit: 672
I have a big doubt with this, already half of the world or at least most of the develop countries are blaming China when it comes to the spread of the pandemic and China didn't respond well to that after that news we have seen news about factories from other countries such as Japan pulling out their operations from China as a response for what happened. If countries like this start and ask their big companies as well as support them I think they can counter China's growth in being into the top country when it comes to economy.
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