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SamuelRSmith on 22 January 2011
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ArcticGabe said:
PizzaFaceGamer said:

Very interesting map!

People underestimate the power of the American economy.

China will be almost euqal to to Americas economy in 30-40 years.

However, China's economy will never have the flexibility of Americas economy


lol, sorry to burst your bubble, but China is going to exceed USA in 2016. That's like 6 years. According IMF.

http://en.wikipedia.org/wiki/List_of_countries_by_future_GDP_(PPP)_estimates

in 30 to 40 years, China's economy gonna triple USA's...

:)

Also this one

http://blog.euromonitor.com/2010/07/special-report-top-10-largest-economies-in-2020.html


China's economy is going to equal USA's in six years? That means it would have to triple in size in six years... yeah, that's not happening.

Even the most optimistic estimates for China's economy exceeding USA's is around 2030... and those always assume that China will be able to have a growth rate of above 8% a year. That's not going to happen, they'll probably be growing at 5-6% by the end of this decade.

If you also factor the huge property bubble which will burst, I don't think we could realistically see China taking USA's position until atleast 2035, 2040... and then when you go by a per capita basis... frankly, it's not going to happen this century.