Now*
you have to look at it from a larger historical lens
The Chinese will become the 1st world's econimic power by 2060.
You might be right in terms of influence in countries that are underdeveloped
however not all of it
where was china 30 years ago compared to the US?
and where are they now?
^
lets take a look
you mean in the 80s
?
all projections point to china surpassing the US
https://www.bloomberg.com/graphics/2016-us-vs-china-economy/
https://www.weforum.org/agenda/2016/12/the-world-s-top-economy-the-us-vs-china-in-five-charts/ this one has nice charts
US was at 14k GDP PPP per capita in the 80s
china was at 630 gdp ppp per capita
now they're at 16k GDP PPP per capita
source?
the US grew almost 500% in 30 years?
Because my sources say that the Chinese GPD has been massively increased within 20 years.
GDP PPP
https://www.google.co.uk/search?safe=strict&ei=r1YRXKT_GrPixgOOsYPADQ&q=us+GNI+per+capita&oq=us+GNI+per+capita&gs_l=psy-ab.3..0i67j0l3j0i22i30l5.45711.45711..45968...0.0..0.98.98.1......0....1j2..gws-wiz.......0i71.lWLFrhlQglo
thats not per capita
doesn't show wealth of citizens
yes @Koninos thats what capitalism does
China started getting their growth when they started reforming around the 70s
to a more freer economy
We're not talking about the wealth of citizens, but about the country's wealth.
The Chinese monie.
monnie monnie
Well yeah China has 1.2 billion people
US has 350 million
the fact that they haven't surpassed US now is bad
you also need to realize that the rural areas will be slower to catch up obviously, and china is a really big country.
yes
and they have tons of resources
and labour
Shenzhen today is NOTHING like it was 30 years ago
thats a huge advantage
