China is an authoritarian country yes, however economically speaking they have a higher GDP and higher economic growth than the US.
The average Chinese person is poor as shit simply because the state is essentially a 2 class system
China almost entirely lacks a middle class
This is where it is behind the US
China has a much lower standard of living for the average citizen
Again, China isn't a nice place to live by any stretch of the imagination. However, they are an economic powerhouse when it comes to the nation as a whole.
uh
http://statisticstimes.com/economy/countries-by-projected-gdp.php
https://www.focus-economics.com/blog/the-largest-economies-in-the-world
everything im checking
usa has the largest gdp
china has the most growth
which makes sense since its in an industrial revolution
Read your own sources dipshit
Lol
China has a larger GDP and Economic growth
im looking at who is number one
Your own sources say otherwise
R
E
A
D
yeah im looking at them
nominal gdp USA takes the cake
china gets growth
so uh
you lying to me or something
The United States has the largest market share not GDP
The US has dominion over approximately 23% of the global market
Gross domestic product is a monetary measure of the market value of all the final goods and services produced in a period of time.
yeah you are correct
highest gdp
However in terms of economic growth and GDP they are behind China
Exactly
then you go saying the us has a lower gdp then china
The US does have a lower GDP
Larger market share yes
Lower output
Especially if you take into account that most American goods are produced in China
are you confused
