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Author Topic: China to overtake the Us as the largest global economy by 2028?  (Read 948 times)
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December 28, 2020, 09:27:15 AM
 #21

looks like it could happen. Seeing China's dominance in world trade and the progress of the Chinese state, it seems that China will be able to take US alit. but the US also will not be silent, they will definitely compete to be in the top 1 position in the world

It already happens. You can see in your country, the China product trying to beat the other product from the US, and the product from China offer the same quality with a low price than the other countries. It could give the chance for China to take the top 1 position in the world if the other country, especially the US if they can not compete with China.

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December 28, 2020, 09:38:03 AM
 #22

In fact this topic is my one of the favourite, therefore will address several points mentioned here, as I lived in all 3 places mentioned (USA, China (incl. HK), and Russia), and have well knowledgeable friends from all these places. FYI, I am not Chinese, if that's something you might think about.

The COVID19 has proven that the Chinese medical system is more resilient, and strong government control can take more directed and faster actions as opposed to the ones in USA which we can say more "decentralized" if you wish from the perspective that there are "checks and balances" on each stage of medical system. In Russia on the contrary it's way worse than in the U.S., I personally have married friends who were diagnosed with COVID19 and while they were in quarantine at home, their spouses (who obviously live together), didn't need to take any tests, and could easily go out from home for shopping, and afterwards were even taking some classes in large groups. But in China, even if 1 person was suspected to have COVID-like symptoms, the entire living complex would be blocked and isolated, and literally everyone would be tested and quarantined. As a result, China re-emerged from the virus faster and better than others. However, the CCP understands very well that it's disadvantageous in terms of BioTech innovation as compared to the U.S., therefore, if you have been in China recently and spoke with business community you will know that government is flooding the sector with billions of dollars and they decided to make Wuhan - the med centre of the country.

Now in China you can clearly identify:
Beijing as the political centre,
Shanghai as the centre of international business,
Shenzhen as the centre of tech (software & hardware) innovation,
Guangzhou as the centre of trade,
Hong Kong as the financial centre,
and now it will be Wuhan for life sciences and pharma.

You may like it or not, but CCP will do what it promised, because of million factors that are out of the scope of current discussion, but unlike in Russia where government is also has it's major disadvantages (including corruption), in China, having the same problems, the politicians and CCP has #1 priority - political and economic stability and wellbeing of the nation and country. Not of any single individual, businessman or minority community, but society, nation and country overall! That leads to patriotism which is not there in the USA overall (everyone got own opinion and will complain about the country's problems), and economic power which is not there in Russia (since politicians prioritise personal wellbeing over nation's).

Understanding the above, China not only launches new targeted subsidies and foreign talent acquisition programs, and Chinese from abroad repatriation schemes, but many other reforms which people who don't follow the Chinese-Chinese news (but only Chinese from Western perspective / or Chinese financed by Western) will not know.

So to conclude that part, China is surely developing super fast and many even don't notice that. But China is not yet #1 and it will take years to achieve that, and CCP understands pretty well their own problems, such as shadow banking (solving), p2p scams (solved), tech monopolies (solving), lack of true innovation but rather copy/buyout the western tech & improve (solving). Part of them hinder growth, part of them make China de-facto not able to overtake the U.S. position. But as you hear from news they are solving those part by part.

However, as was correctly mentioned - there are other, more "fundamental" issues (about minorities, different ethnic groups, etc.) and yes they do pose big risks if exploited correctly by external powers. But that's unlikely to happen in the near future, because the USSR experience was studied well and taken into consideration.

Same with Russia's chances for splitting, unlike the current Chinese leadership which puts its own interests first and above all, Russian leadership puts personal stability and interests first, and therefore has a strong power and motivation to silence and control those who pose external and uncontrolled risks to the power, therefore will not allow externalities to split the country. But if economic situation doesn't change - there might be other risks emerging very quickly internally. Besides, when Putin leaves (it will happen eventually) there might be left a huge power vacuum, which might blow the country from inside by the fight of elites, oligarchs and political opposition.

Considering the point mentioned earlier by the forum member that Chinese like to manipulate in their order, well yes and of course - isn't that reasonable? Just like USA manipulates everything towards its own favour, and even international conflicts, just like Russia does so, so will China too. Only stupid country won't do that, no?

Therefore China finances as much as possible of foreign sales markets with its own debt. It's like buying iPhone on credit - you take financing from the company to buy iPhone from Apple, and then you get the phone, but gonna repay the debt eventually. That's the soft power - lend to other nations who are happy to take that money, and if they repay debts - earn, if they don't (and most of them won't) - you dictate your own rules there.

To summarize, my opinion is that in order to evaluate the future potential success of any country, you need to assess it among 4 core dimensions only: 1) economic power, 2) military power, 3) international political power, 4) innovation. Note that most of them cannot be evaluated by 1 single metric (GDP, or R&D spending for example), but you need to consider many related and sub-measures.

USA:
1) economic power: #1, but that's under question for the future
2) military power: #1, army is indeed is the best and most advanced, but not so patriotic though
3) international political power: #1, as no conflict or international matter gets decided without USA
4) innovation: #1, both from commercial perspective and from state-level

China:
1) economic power: #2, but increasing, and now average Chinese from 1st tier city who was born in that city is way more rich than average American (Russia is not even considered here  Cheesy)
2) military power: #3, and strongly dependent of foreign technology which CCP doesn't have solution to, yet (at least not disclosed / discussed publicly)
3) international political power: #4-5, as China doesn't get itself into every single conflict, but in 2019-2020 that's changing
4) innovation: top10 at best, which CCP tries to solve with big money being thrown here and there, but I personally believe only money will not solve it, as that's more about education, culture, etc (and you can't have great innovation which comes from diversity, and great stability and patriotism, all at the same time)

Russia:
1) economic power: top20, which is hardly imaginable to be changed any time soon, as Russia had good chances in 2000-2002, but... we know where we are now
2) military power: #2, as it indeed produces most advanced weapons and both China has to rely on it, and EU+USA have to deal with it by accelerating own spending, expanding budgets, etc. (in fact if gov would spend more on social wellbeing than on military, maybe it could be more stable and start growing too)
3) international political power: #3-4, which is achievable only due to its military power, otherwise nobody would take Russia seriously
4) innovation: not even top20, if speaking from the broad perspective, as even the Skolkovo project failed and all Russians are laughing about it (because the administrators as always just steal the budgets and "invest" in related companies which then get bankrupt (analogy with DeFis now which are hacked Wink))

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December 28, 2020, 09:38:29 AM
 #23

Not my list but a good one that points out allot of true things.
1. Approximately 57 percent of all children in the United States are living in homes that are either considered to be either “low income” or impoverished.
2. More than 25 percent of all U.S. children have a chronic health condition that affects their ability to learn. Perhaps we should not be feeling them so much junk food.
.....

It feels like I returned to the 80s, and I listen to 1 of the 3 available TV channels in the USSR. Classic Soviet propaganda, sample of the 80s Smiley
One question - if everything is so bad there, everyone is stupid, everything is degrading - why is the American economy the strongest, the United States is a leader in innovation and technology development, the United States provides financial and technical assistance to half of the world, and for 80% it is a market for selling its products ?! You can fantasize a lot, but reality does not change from this Smiley


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December 28, 2020, 08:18:15 PM
 #24

Not my list but a good one that points out allot of true things.
1. Approximately 57 percent of all children in the United States are living in homes that are either considered to be either “low income” or impoverished.
2. More than 25 percent of all U.S. children have a chronic health condition that affects their ability to learn. Perhaps we should not be feeling them so much junk food.
.....

It feels like I returned to the 80s, and I listen to 1 of the 3 available TV channels in the USSR. Classic Soviet propaganda, sample of the 80s Smiley
One question - if everything is so bad there, everyone is stupid, everything is degrading - why is the American economy the strongest, the United States is a leader in innovation and technology development, the United States provides financial and technical assistance to half of the world, and for 80% it is a market for selling its products ?! You can fantasize a lot, but reality does not change from this Smiley



I was born in the USA.
I lived here most of my life.

Other than 5 years in the USA Navy.

USA is not structured for a pandemic.

China is structured for a pandemic.

Sooo how long before the next pandemic.

Not a very complicated question.

My guess is a new pandemic worse than this one in under 10 years.

I also guess freedom loving anti mask conspiracy people in the USA will not handle it any better than this one.


BTW in no way am I accusing China of creating this pandemic or the next one.
I am simply observing China is better equipped to handle one.


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as.exchange
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December 29, 2020, 06:29:05 AM
 #25

In fact this topic is my one of the favourite, therefore will address several points mentioned here, as I lived in all 3 places mentioned (USA, China (incl. HK), and Russia), and have well knowledgeable friends from all these places. FYI, I am not Chinese, if that's something you might think about.

The COVID19 has proven that the Chinese medical system is more resilient, and strong government control can take more directed and faster actions as opposed to the ones in USA which we can say more "decentralized" if you wish from the perspective that there are "checks and balances" on each stage of medical system. In Russia on the contrary it's way worse than in the U.S., I personally have married friends who were diagnosed with COVID19 and while they were in quarantine at home, their spouses (who obviously live together), didn't need to take any tests, and could easily go out from home for shopping, and afterwards were even taking some classes in large groups. But in China, even if 1 person was suspected to have COVID-like symptoms, the entire living complex would be blocked and isolated, and literally everyone would be tested and quarantined. As a result, China re-emerged from the virus faster and better than others. However, the CCP understands very well that it's disadvantageous in terms of BioTech innovation as compared to the U.S., therefore, if you have been in China recently and spoke with business community you will know that government is flooding the sector with billions of dollars and they decided to make Wuhan - the med centre of the country.

Now in China you can clearly identify:
Beijing as the political centre,
Shanghai as the centre of international business,
Shenzhen as the centre of tech (software & hardware) innovation,
Guangzhou as the centre of trade,
Hong Kong as the financial centre,
and now it will be Wuhan for life sciences and pharma.

You may like it or not, but CCP will do what it promised, because of million factors that are out of the scope of current discussion, but unlike in Russia where government is also has it's major disadvantages (including corruption), in China, having the same problems, the politicians and CCP has #1 priority - political and economic stability and wellbeing of the nation and country. Not of any single individual, businessman or minority community, but society, nation and country overall! That leads to patriotism which is not there in the USA overall (everyone got own opinion and will complain about the country's problems), and economic power which is not there in Russia (since politicians prioritise personal wellbeing over nation's).

Understanding the above, China not only launches new targeted subsidies and foreign talent acquisition programs, and Chinese from abroad repatriation schemes, but many other reforms which people who don't follow the Chinese-Chinese news (but only Chinese from Western perspective / or Chinese financed by Western) will not know.

So to conclude that part, China is surely developing super fast and many even don't notice that. But China is not yet #1 and it will take years to achieve that, and CCP understands pretty well their own problems, such as shadow banking (solving), p2p scams (solved), tech monopolies (solving), lack of true innovation but rather copy/buyout the western tech & improve (solving). Part of them hinder growth, part of them make China de-facto not able to overtake the U.S. position. But as you hear from news they are solving those part by part.

However, as was correctly mentioned - there are other, more "fundamental" issues (about minorities, different ethnic groups, etc.) and yes they do pose big risks if exploited correctly by external powers. But that's unlikely to happen in the near future, because the USSR experience was studied well and taken into consideration.

Same with Russia's chances for splitting, unlike the current Chinese leadership which puts its own interests first and above all, Russian leadership puts personal stability and interests first, and therefore has a strong power and motivation to silence and control those who pose external and uncontrolled risks to the power, therefore will not allow externalities to split the country. But if economic situation doesn't change - there might be other risks emerging very quickly internally. Besides, when Putin leaves (it will happen eventually) there might be left a huge power vacuum, which might blow the country from inside by the fight of elites, oligarchs and political opposition.

Considering the point mentioned earlier by the forum member that Chinese like to manipulate in their order, well yes and of course - isn't that reasonable? Just like USA manipulates everything towards its own favour, and even international conflicts, just like Russia does so, so will China too. Only stupid country won't do that, no?

Therefore China finances as much as possible of foreign sales markets with its own debt. It's like buying iPhone on credit - you take financing from the company to buy iPhone from Apple, and then you get the phone, but gonna repay the debt eventually. That's the soft power - lend to other nations who are happy to take that money, and if they repay debts - earn, if they don't (and most of them won't) - you dictate your own rules there.

To summarize, my opinion is that in order to evaluate the future potential success of any country, you need to assess it among 4 core dimensions only: 1) economic power, 2) military power, 3) international political power, 4) innovation. Note that most of them cannot be evaluated by 1 single metric (GDP, or R&D spending for example), but you need to consider many related and sub-measures.

USA:
1) economic power: #1, but that's under question for the future
2) military power: #1, army is indeed is the best and most advanced, but not so patriotic though
3) international political power: #1, as no conflict or international matter gets decided without USA
4) innovation: #1, both from commercial perspective and from state-level

China:
1) economic power: #2, but increasing, and now average Chinese from 1st tier city who was born in that city is way more rich than average American (Russia is not even considered here  Cheesy)
2) military power: #3, and strongly dependent of foreign technology which CCP doesn't have solution to, yet (at least not disclosed / discussed publicly)
3) international political power: #4-5, as China doesn't get itself into every single conflict, but in 2019-2020 that's changing
4) innovation: top10 at best, which CCP tries to solve with big money being thrown here and there, but I personally believe only money will not solve it, as that's more about education, culture, etc (and you can't have great innovation which comes from diversity, and great stability and patriotism, all at the same time)

Russia:
1) economic power: top20, which is hardly imaginable to be changed any time soon, as Russia had good chances in 2000-2002, but... we know where we are now
2) military power: #2, as it indeed produces most advanced weapons and both China has to rely on it, and EU+USA have to deal with it by accelerating own spending, expanding budgets, etc. (in fact if gov would spend more on social wellbeing than on military, maybe it could be more stable and start growing too)
3) international political power: #3-4, which is achievable only due to its military power, otherwise nobody would take Russia seriously
4) innovation: not even top20, if speaking from the broad perspective, as even the Skolkovo project failed and all Russians are laughing about it (because the administrators as always just steal the budgets and "invest" in related companies which then get bankrupt (analogy with DeFis now which are hacked Wink))

In addition to the above, more numbers shared by one author (who is pro-Russian, yet seams to be objective):

Food for thoughts:

In 2020, the shares of the leaders changed as follows:
1. In world GDP (in terms of purchasing power parity) almost unchanged:
roughly, 15% for the U.S. and 20% for China (for reference, Russia, about 3%)

2. In R&D spending:
U.S. 25% (-0.2%), China 23.2% (+0.7%) (for reference, Russia 2.7% (0%))

3. In terms of the number of Nature Index first-state scientific authors:
Although the U.S. is still in the lead, China's ranking since 2012 has increased from 24% to 67% of the U.S. ranking (for reference - Russia has 4.9% of the U.S.)

4. By the number of Unicorn startups (worth more than $1 billion):
Although the share of unicorns in China (24%) is still half the share of the U.S. (48%), it is much higher than the share of third place India (5%) (for reference - Russia in 2020 has 0.6%, while previously there was a stable 0)

5. The share in the top 100 largest companies in the world:
Although the numbers change every quarter here, the U.S. remains the undisputed leader, with 54-58 places in the Top 100. China has 12-14 places (for reference - so far Russia has stable 0 places in the first hundred)

From these figures we can conclude:
- China's technological dreams in 2020 are coming true, but they will have to work hard to win this "Olympics" with the U.S. in 2030.
- Russia is left to follow the advice of its President, derived from a Chinese proverb - "imagine itself a clever monkey watching from a slide to see how the tiger fight in the valley will end"

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December 29, 2020, 06:47:02 AM
 #26

Over the past 20 years, China has made a significant breakthrough in economic development! I am sure that China will be able to overtake the U.S. economy... By the way, one of the theories about COVID is that it emerged just to influence the Chinese economy...

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December 29, 2020, 06:51:31 AM
 #27

Over the past 20 years, China has made a significant breakthrough in economic development! I am sure that China will be able to overtake the U.S. economy... By the way, one of the theories about COVID is that it emerged just to influence the Chinese economy...

Well it could, but unfortunately or fortunately we are not in the position to know about that for sure, therefore we only can speculate on conspiracies about the origin and reason for COVID emergence.

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December 29, 2020, 07:21:13 AM
 #28

China has now set itself very ambitious goals.  They want to overtake the United States in the technology race. 

Most of the technology products are now manufactured in China.  However, this is not enough.  The ultimate goal is to have the majority of the world's inventions made by Chinese engineers. 

China's successes are enormous.  They are leading the way in creating CBDC - the money of the new world.  They control the bitcoin pools.  Experiments are underway to create a new, fully digitalized society.  China is a very ancient country with 5000 years of history. 

China is not inclined towards democracy.  However, he carefully copies all effective economic models.

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December 29, 2020, 07:32:27 AM
 #29

Does that mean that the 3rd world war would happen before 2028??

China becoming the financial powerhouse will pose significant challenges among its neighbors and it is a great threat to global peace! China has shown its predatory and expansionist mentality quite a few times already. All of its smaller neighbors have faced such heat and some of them have given in to immense Chinese fire power! Only Japan and India have stood its ground against Chinese which has now become a major challenge for the global trade and peace! 

I am sure US and EU will not let it happen! Even Australia is taking a stand against Chinese fire-power nowadays and hence Chinese government has stopped Coal import from Australia. Not less than 60 ships are waiting at an Anchorage point within South China Sea! India and Bangladesh have banned Chinese nationals to fly into their country. The matter will only grow worse! If this continues to happen, I am sure the world will see another world war soon!

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December 29, 2020, 07:47:05 AM
 #30

China has now set itself very ambitious goals.  They want to overtake the United States in the technology race. 

Most of the technology products are now manufactured in China.  However, this is not enough.  The ultimate goal is to have the majority of the world's inventions made by Chinese engineers. 

China's successes are enormous.  They are leading the way in creating CBDC - the money of the new world.  They control the bitcoin pools.  Experiments are underway to create a new, fully digitalized society.  China is a very ancient country with 5000 years of history. 

China is not inclined towards democracy.  However, he carefully copies all effective economic models.

You are very correct. In regard to the current challenge of China too - it excelled in copying the most effective economies and businesses and improving those, but still has to learn how to innovate internally.



Does that mean that the 3rd world war would happen before 2028??

China becoming the financial powerhouse will pose significant challenges among its neighbors and it is a great threat to global peace! China has shown its predatory and expansionist mentality quite a few times already. All of its smaller neighbors have faced such heat and some of them have given in to immense Chinese fire power! Only Japan and India have stood its ground against Chinese which has now become a major challenge for the global trade and peace! 

I am sure US and EU will not let it happen! Even Australia is taking a stand against Chinese fire-power nowadays and hence Chinese government has stopped Coal import from Australia. Not less than 60 ships are waiting at an Anchorage point within South China Sea! India and Bangladesh have banned Chinese nationals to fly into their country. The matter will only grow worse! If this continues to happen, I am sure the world will see another world war soon!

I don't see WWIII happening - the thread to the entire humanity is too significant. However, I don't see how China's predatory and expansionist mentality is different from the one of US recently, and before that from UK and other EU-countries? Moreover, you probably do know that China did have democracy long time ago - it was tested, implemented and studied very well there. The result wasn't pleasant. And now we have the example of other failing democracies. Furthermore, you need to take into consideration the total population. With nearly 1.5bn. people each having all the tools for self-expression and hyping own ideas what will happen with the country?

Also as a side note, I lived in USA for several years, and in China as well. And I can personally assure you - you can come to China and you will see that you got waaaay more freedom there in terms of personal life, business, opportunities available and which you can take, what you can do, etc., etc. as compared to the U.S. Of course if you start posing thread to the security of society - you gonna get in deep troubles (same with US), but overall being a regular human - you will have much more freedom and safety.

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December 29, 2020, 08:17:43 AM
 #31

Does that mean that the 3rd world war would happen before 2028??

China is a paper tiger. They don't have dependable allies and their military spending is a fraction of the Americans' and is technologically inferior too. China likes to flex its muscles in border disputes but they are in no position to start WWIII.

USA is not structured for a pandemic.

China is structured for a pandemic.

Sooo how long before the next pandemic.

Not a very complicated question.

My guess is a new pandemic worse than this one in under 10 years.

Why so soon? There was H1N1 in 2009, but that one was tame, and prior to that there hadn't been a global pandemic for over 4 decades. Seems like a crap shoot trying to guess when the next one will hit, but I probably wouldn't count on it in a 10-year timeline. The next one may not be that bad either.

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December 29, 2020, 01:56:58 PM
 #32

Does that mean that the 3rd world war would happen before 2028??

China becoming the financial powerhouse will pose significant challenges among its neighbors and it is a great threat to global peace! China has shown its predatory and expansionist mentality quite a few times already. All of its smaller neighbors have faced such heat and some of them have given in to immense Chinese fire power! Only Japan and India have stood its ground against Chinese which has now become a major challenge for the global trade and peace! 

I am sure US and EU will not let it happen! Even Australia is taking a stand against Chinese fire-power nowadays and hence Chinese government has stopped Coal import from Australia. Not less than 60 ships are waiting at an Anchorage point within South China Sea! India and Bangladesh have banned Chinese nationals to fly into their country. The matter will only grow worse! If this continues to happen, I am sure the world will see another world war soon!

A country's potential is largely determined by the number of its inhabitants.  If the country is home to over 1.5 billion people, then there will be a huge number of talented engineers, scientists, inventors and developers among them. 

Don't demonize China.  This state is headed by pragmatists, not fanatics. 

For the Chinese, war is always a strategy, not a tactic.  The Chinese religion is Buddhism. 

They are aimed at expansion, but this will be a very slow expansion.  If this is a war, then it will be a sluggish, positional war, not a blitzkrieg.

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December 29, 2020, 03:53:05 PM
 #33

I thought China has already overtaken the US this year, or was that just projection? I thought US gdp was around $24tr and China around $28tr or something similar (but with the 4tr+ difference).

I've seen many notable projections also about China and Russia no longer being countries by 2028 (eg splitting due to war or civil differences) which is something I think we'll see a large pressure on a split at some point (especially in china).


It's still not and the USA is still leading, but if the chart shows the same thing every year then it is possible that in the year mentioned by the OP, China will lead because the value of USA fell from last year while China rise.


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December 29, 2020, 04:12:31 PM
 #34

Does that mean that the 3rd world war would happen before 2028??

China becoming the financial powerhouse will pose significant challenges among its neighbors and it is a great threat to global peace! China has shown its predatory and expansionist mentality quite a few times already. All of its smaller neighbors have faced such heat and some of them have given in to immense Chinese fire power! Only Japan and India have stood its ground against Chinese which has now become a major challenge for the global trade and peace! 

I am sure US and EU will not let it happen! Even Australia is taking a stand against Chinese fire-power nowadays and hence Chinese government has stopped Coal import from Australia. Not less than 60 ships are waiting at an Anchorage point within South China Sea! India and Bangladesh have banned Chinese nationals to fly into their country. The matter will only grow worse! If this continues to happen, I am sure the world will see another world war soon!
I am not entirely sure if the world will stop China in this example. I know that whenever other nations started to attack its neighbors, world decided to stop them but most of the time it was done when it wasn't something they cared, because there was nothing they could lose.

Look at Iraq for example, USA attacked Iraq for absolutely no reason at all, they said it was because they fear there were nuclear weapons but we all know that was a lie and even President came out and said they found none, why did they attacked? Money.

They attacked Germany and were fine with it in world war 2, why? Because they didn't had any decent trade with them neither. They may or may not attack china as well, you know why they may not? Because China is way too powerful and also all those rich nations use China as their cheap labor to manufacture things for fraction of the cost, if they attack, they will not be able to get things built for cheap. So I am not sure if this will start a world war.
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December 29, 2020, 07:33:41 PM
 #35

Not my list but a good one that points out allot of true things.
1. Approximately 57 percent of all children in the United States are living in homes that are either considered to be either “low income” or impoverished.
2. More than 25 percent of all U.S. children have a chronic health condition that affects their ability to learn. Perhaps we should not be feeling them so much junk food.
.....

It feels like I returned to the 80s, and I listen to 1 of the 3 available TV channels in the USSR. Classic Soviet propaganda, sample of the 80s Smiley
One question - if everything is so bad there, everyone is stupid, everything is degrading - why is the American economy the strongest, the United States is a leader in innovation and technology development, the United States provides financial and technical assistance to half of the world, and for 80% it is a market for selling its products ?! You can fantasize a lot, but reality does not change from this Smiley



I was born in the USA.
I lived here most of my life.

Other than 5 years in the USA Navy.

USA is not structured for a pandemic.

China is structured for a pandemic.

Sooo how long before the next pandemic.

Not a very complicated question.

My guess is a new pandemic worse than this one in under 10 years.

I also guess freedom loving anti mask conspiracy people in the USA will not handle it any better than this one.


BTW in no way am I accusing China of creating this pandemic or the next one.
I am simply observing China is better equipped to handle one.

Please tell me - by what criteria do you assess that China coped better with the pandemic? According to official statements? I can take your idea seriously only if you have objective, real, reasoned and verifiable information. If you push away from official sources of information, then I will add a few more similar "facts" to you - for example, if you listen to official channels in Russia, then you will "know" that:
- the pandemic was invented by the insidious Americans, and everyone was infected.
- Bill Gates is at the head of the world conspiracy, especially in the field of chipping the population (of course, for control and management) and 5G from which the hair on the ass falls out, which is what the world government is striving for Smiley
- Bucks costs nothing, soon he will have an ass (I've heard this for 40 years Smiley)
- America is the most unhappy and poorest country, just one advertisement is shown on TV, and 80% of Americans live in refrigerator boxes under bridges.
- The US Army is a bunch of losers who won't go to war if they don't have a hamburger and toilet paper, and a Russian soldier can eat roots and wipe his ass with a burdock - that's why he's a real soldier, and you don't have any! Smiley
- The Jews made even more conspiracies. They hound Russians and steal money from everyone.
- Russia is the most technologically advanced country. She, in general, invented everything. Everything - the Internet, airplanes, electricity, radio, cars, a bucket, a plug, money, water, a happy life, world equality, all physics and chemistry. And then you and the Jews stole everything ...
I can broadcast such nonsense to you for a long time to come. The same goes for official information from China. There really is less delirium, but more "beautiful pictures". I can say one thing - the death rate is hidden, total isolation under a totalitarian regime is not a problem, but not a solution for a pandemic. Such a population density and the lack of normal medical care in 75% of the territory cannot give such a fantastic result. And the facts of distortion and falsification of information by the Chinese media are enough. Do not forget that although China shows good indicators of economic growth, the country's regime remains totalitarian.


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December 29, 2020, 08:37:59 PM
 #36

Even now, we're seeing the evidences of this happening in the not-so-distant future. It makes me want to believe the COVID-19 virus was just made to whittle down the world's economy and bring China to the top. All speculations aside, the numbers are there to say for themselves that China is becoming stronger and stronger by the day. And it will only be time until US gets lopped off the top.
I have already seen that news before. Covid 19 spread through china but now it looks like they have taken less crisis from this virus when the USA is still getting a hard time fighting it. This sounds like fun but now I also think that Covid is created by a chain to destroy the USA and their large economy so that they can be number one.
Poor governance really. China took the virus seriously and had placed certain parameters to ensure that their country is safe. Whereas the then president of the United States asked all of you guys to inject Lysol onto your bloodstream as it is a known disinfectant. So I wouldn't really be surprised, that even though the virus came directly from China, the disease will find its way into the US.
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December 30, 2020, 03:11:47 AM
 #37

I have already seen that news before. Covid 19 spread through china but now it looks like they have taken less crisis from this virus when the USA is still getting a hard time fighting it. This sounds like fun but now I also think that Covid is created by a chain to destroy the USA and their large economy so that they can be number one.

I don't want to get in to any conspiracy theories. But it is a truth that the COVID 19 pandemic had a devastating impact on all the countries apart from China. As of now, it looks like China is the only country which is not impacted from the pandemic. And this is very surprising, given the fact that the virus originated from there and it spread to the other countries after many months.

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December 30, 2020, 09:15:58 AM
 #38

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.
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December 31, 2020, 11:02:38 PM
 #39

The ruling communist party in china insist on owning and controlling everything. They forced Jack Ma to step down as Alibaba head so they could replace him with a member of their communist party. This is their standard practice. Their largest successful enterprise usually have CCP loyalists in key leadership positions running them. Its typical for these CCP heads to be greedy and incompetent and to run the businesses they control, into the ground. Its one of the main reasons behind china's economic growth consistently falling below expectations. Its a significant obstacle they will need to overcome if they're to take america's place as a dominant economic power.

Many americans are demanding higher taxes and greater regulation on their domestic enterprise -- doing everything in their power to kill jobs and business in their own country. They believe killing thousands of jobs in their own country "won't affect them". These negative trends tend to be limited to democrat run regions like california and new york. Leading to an exodus of capitalists to right wing states like texas. Elon Musk and tesla are one example.

Being an american I hope the US wins. China has 14 of the top 30 most polluted cities in the world for a reason. Its better for everyone if they stay in their own borders.
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December 31, 2020, 11:39:36 PM
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Therefore, many conspiracy theories have emerged that say China is the creator of COVID-19, even though the Chinese government has
officially denied it. And until now there is still no solid evidence to show that COVID-19 is a human creation. But a lot of doctors and professors
that I see on YouTube platforms say it is very likely that COVID-19 is a human creation.

Based on this information, many people compare China's current economic situation which is developing very rapidly, compared to the economies of
other countries, including America, which continues to experience crisis. Therefore in my opinion there is no need to wait for 2028 for China to take
over the global economy from America, because for me now China has become a country with the strongest economy in the world.

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