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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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January 01, 2021, 04:41:52 AM
 #41

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.

I would say that this is a very real possibility. Even isolated island nations such as New Zealand and Australia are unable to prevent COVID 19 outbreaks in their country. But China (despite being such a large country, sharing border with more than a dozen nations) has somehow miraculously managed to keep the outbreak at bay. How this is possible? What have they done so that they alone are immune from the outbreak and all the other nations are suffering?

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January 01, 2021, 04:42:53 PM
 #42

Quite possible.
Because china’s eoconomy is growing extensively. It's not impossible for china to overtake USA by 2028. But anything can happen. Because America's economy is huge. Its not impossible there is little chance for sure for china.

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January 01, 2021, 06:53:35 PM
 #43

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.
Whenever something happens people claim all sorts of conspiracy theories, I do not really give any damn about which one says what, however covid could logically be man made without any bad intention as well. I am not saying it is, but NOBODY talks about that and that is a bit weird to me, I believe it was a natural disaster like every other logical human thinks, and I believe all those who say it was man made to either kill some people, or save the planet, or get china richer, whatever the reason they had, I do not believe them.

But I haven't seen a single person say that maybe it was some experiment to get people better, experiment for vaccination of sars or whatever, and scientists were working on things and had a thousand different things, and one of them mistakenly didn't covered themselves carefully and got a new strain? That sounds more possible than nations spreading virus knowingly to be fair, still do not think that is the case, but I think it is still quite decent.

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January 02, 2021, 01:53:51 PM
 #44

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).

You right, it is already happened last 2 years. They leading now by GDP by PPP more than 18% already.

https://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD?locations=CN-US
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January 02, 2021, 02:04:41 PM
 #45

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.

You right, China have a very good system to let much more talanded and educated people to rule the country. For example, mayors of a city must learn ecomony, management and simtimes engeneering or politics completly ended educations for manage the city, So he must learn up to 12 years.

Even Elon Musk said, that for him was very easy or much more easy to find understanding with politicians and managers in China than in US.
He said, that they completly understand all of him. But he can`t find understanding with US govenment (including problem of AI), he even tryed to convice US governors on the Governor Confenece. Than Musk said about: "no one listening me."
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January 02, 2021, 07:46:45 PM
 #46

Lol. What is up with these Chinese dominance threads these days? China overtaking USA? Absolute nonsense. Russia seems to have better chances in this regard though USA is still miles ahead in so many ways when compared to both countries in my opinion.

COVID-19 has affected all countries and a pandemic won't change the power rankings that easily. The American language, universities, culture, economy etc are far superior when compared to China or Russia.

People have made many similar assumptions in the past, but nothing clearly changed and it will probably stay the same for a long time in the future.
That prediction is only about China surpassing the US when it comes to the size of their economies, once that happens the rest follows but it takes a lot of time, so unless you are young you should not expect it to see during your lifetime.

There are going to be many examples of this, now most people learn the English language in order to conduct business all over the world but I will not be surprised that in a  few decades this tendency changes and people make an effort instead to learn Standard Chinese instead.

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January 02, 2021, 08:00:49 PM
 #47

I have a big doubt with this, already half of the world or at least most of the develop countries are blaming China when it comes to the spread of the pandemic and China didn't respond well to that after that news we have seen news about factories from other countries such as Japan pulling out their operations from China as a response for what happened. If countries like this start and ask their big companies as well as support them I think they can counter China's growth in being into the top country when it comes to economy.
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April 12, 2021, 06:42:57 AM
 #48

I have a big doubt with this, already half of the world or at least most of the develop countries are blaming China when it comes to the spread of the pandemic and China didn't respond well to that after that news we have seen news about factories from other countries such as Japan pulling out their operations from China as a response for what happened. If countries like this start and ask their big companies as well as support them I think they can counter China's growth in being into the top country when it comes to economy.
So far, everything goes to the point that China will soon overtake the United States in economic development. China's economy is growing very quickly and all world states are already seeing this. To prevent China from crushing them one by one, they will be forced to unite and their success will depend on how quickly and clearly they can do it. However, at the same time, each state has a number of its own personal interests and therefore it will be very difficult for them to negotiate.

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April 12, 2021, 07:08:20 AM
 #49

If they continue their expansion in African continent and their New Silk Road, then they might be able to take over as the top economy in the world. They currently have a lot of mega tech cities and I think that is a symbol that they are advancing, but we can't ignore the fact that this campaign of taking over the world economy is going to crush a lot of human rights which is China is notorious of.

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April 12, 2021, 09:33:28 AM
 #50

That's too early to tell because Now with New president there might be a good future US economy will recover and i am still believing on that.
With Biden administration there will be a future.

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April 12, 2021, 10:39:54 AM
 #51

I believe that China can do it since they have all the industries covered, from indebting third world countries with a debt trap, concentration camp of Uyghurs for slave labor and Falun Gong organ harvesting to name a few. I think that China is going to really top US in terms of GDP in years and who knows, we might be able to see more human rights violation.
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April 12, 2021, 01:12:39 PM
 #52

I would not be surprised if it becomes a reality that China will dominate the global economy in 2028, because China looks ready to face this pandemic.
Although there are many conspiracy theories supporting China providing false data regarding COVID-19 victims, but China's economic recovery is
proving very fast. In fact, I predict China will catch up with the American economy before 2028. I saw that China seems to be focused on being the best
in the economic sector.

I won't be surprised if that happens sooner than that. The American population is getting less and less productive, due to rising tax rates and an increase in illegal immigration. The immigration system in the US is quite strange, as it gives preference to unskilled labor, against highly skilled individuals. Farm workers and other blue collar laborers can easily immigrate to the US, but someone with 10 years of experience in aeronautics or engineering needs to wait for 10-15 years to get an opportunity to immigrate. On the other hand, China is not encouraging such behavior. They allow only a small number of migrants, and only those with the topmost skill level are able to migrate to China. 
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April 12, 2021, 01:15:06 PM
 #53

China has grown rapidly since 1980. They have been proactive in most economic activities, China has made great achievements in its economy and when we look at its growth chart we will not be surprised. because of their speed.
America is rich, but it has different internal problems. The last pandemic has shown that the US did not do well and adversely affected economic activities. That's also something other Europeans can't do. China has curbed the pandemic well and brought economic activity back on.
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April 12, 2021, 02:25:42 PM
 #54

America and China are developed countries and have economic strengths. But if you think China will overcome the US to become the global largest economy in 2028 it is a very difficult thing. The too long time can have many changes. America is heavily influenced by the translation of Covid19, the US is gradually restoring the economy.

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April 12, 2021, 02:46:21 PM
 #55

I think that China is going to really top US in terms of GDP in years and who knows, we might be able to see more human rights violation.

Which country are you fingering for human right violation? I don't expect you referring to America because they have a court system that check against that. We know America is referred to as the largest democratic national and that is because of her democratic structures.
On the other way too, the Chinese are really going into manufacturing in max and trying to conquer the market but K still don't see them taking over from American whose feet us already on the ground. They are leaving the memory of covid-19 behind as they giving aid to families which is good to restart the economy.
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April 13, 2021, 07:40:22 PM
 #56

It is a different situation, it is a weird situation. In one side we have the nation with the worst capitalist liberal ideas with USA where if you need insulin you need to pay 300 dollars per month to survive or you will be dead, countless people died because they couldn't afford their insulin, and military budget is 750+ billion dollars in that nation, way less that insulin purchases made in a year, and they are living the most ruthless capitalist system in the world.

On the other side we have a communist dictatorship where even if you say something bad about CCP that would mean that you are going to end up being either jailed or killed, and they are using inhumane conditions to grow in economy, making people at the top rich while others still bottom feed. So honestly there is no winners here, both nations are horrible at what they do and proof that left or right politics doesn't matter when it is bad, it is bad.

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April 13, 2021, 09:32:27 PM
 #57

I believe that will happen a bit sooner than 2028. Looking at things over last 5-6 years I guess it might happen by 2025, if not sooner.

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April 13, 2021, 09:40:41 PM
 #58

By 2028, even monkey has overtake the US, monkey is ruling the world.
Dusang1998
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April 20, 2021, 01:40:05 PM
 #59

             TWO ECONOMICS
The corona virus pandemic and it's economic fallout will help china rise past the US to become the world's largest economy, a new report shows. Beijing is now expected to overtake the US by 2028, as opposed to 2033, a UK think tank said in its letest report.
     
                   2028
''We expect the United States' share of the global GDP to decline from 2021 onwards, and for the country to eventually be overtaken by China as the world's largest economy,'' the Centre for Economic and Business Research (CEBR) said in an annual report released on Saturday.
''We now expect this to happen in 2028 five years sooner than in the previous edition of the WELT, '' referring to the think tank's Would Economic League Table, witch measures countries'   economic performance.

        China was 'skillful' with the pandemic

The quickened pace has been attributed to the defference between Beijing and Washington's response to the corona virus pandemic and the recovery that followed. The report hailed China's ''skillful management of the pandemic,'' where an early lockdown kept the numbers under control.

The report added that the Us would aslo see a strong post-pandemic rebound in the coming year, but its growth would allow down to 1.9% and 1.6% over the years that follow.

                WHAT IT IS?
China on the other hand is headed for an average growth rate of 5.7% a year from 2021 till 2025. Between 2026 and 2030, it is expected to slow down to 4.5% a year.

 Japan is expected to remain the third-largest economy until the early 2030s, when India could overtake it, pushing Germany to the fifth spot.

      What is your experiences, for more information: https://www.[Suspicious link removed]s/amp.dw.com/en/china-to-overtake-us-as-largest-global-economy-by-2028-report/a-56061395
well its something we all know will happen, Americans cant be best in everything.
Dusang1998
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April 20, 2021, 01:41:19 PM
 #60

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.

I would say that this is a very real possibility. Even isolated island nations such as New Zealand and Australia are unable to prevent COVID 19 outbreaks in their country. But China (despite being such a large country, sharing border with more than a dozen nations) has somehow miraculously managed to keep the outbreak at bay. How this is possible? What have they done so that they alone are immune from the outbreak and all the other nations are suffering?
we need to learn much from them.
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