China will be the dominant power of the 21st century
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China has been growing so fast for so long and the train it wont stop going no it wont slow down no way to slow down, and we are gasping our last arrogant racist breath of eurocentrism
$14.2 trillion (nominal; 2019 est.) $27.3 trillion (PPP; 2019 est.)
2nd (nominal; 2018) 1st (PPP; 2018)
6.7% (2016) 6.8% (2017) 6.6% (2018e) 6.2% (2019f)
GDP per capita
$10,153 (nominal; 2019 est.) $19,520 (PPP; 2019 est.) actually about 3 times as fast really, face it we are toast
The people of the united states are at each others throats
middle class people now held US$7.3 trillion in financial assets and real estate - a jump of about 330 per cent since 2000
well I can guarantee this will be a decisive factor in the conflict between America and China as well, and it won’t end well for China seeing how they produce 11 million more barrels per day.
the growth of Chinese millionaires from what it was 5 years ago however is impressive no where else in the world is it growing so fast and benifiting such a large population