China to overtake the Us as the largest global economy by 2028?

[Dusang1998]

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.

China deserve to be on top, they worked their ass off. hope they will grow more

[sapnu]

In terms of being strategic, China is definitely at the very top. Not only with the way they handled the pandemic but also the way they have sown business firms in different countries all over the world. Even in terms of territory, they seemed to be unbothered even when a certain country is already protesting against them and I think that is because of the military strength they possess. They know that if ever a war sparks out, they can win and outnumber any military forces not unless some other countries would interfere. They know what to do to secure their future and they are not skipping even the little steps they need to take that's why there will always be a high possibility that they will overtake US in the near future.

[geegaw]

In terms of being strategic, China is definitely at the very top. Not only with the way they handled the pandemic but also the way they have sown business firms in different countries all over the world. Even in terms of territory, they seemed to be unbothered even when a certain country is already protesting against them and I think that is because of the military strength they possess. They know that if ever a war sparks out, they can win and outnumber any military forces not unless some other countries would interfere. They know what to do to secure their future and they are not skipping even the little steps they need to take that's why there will always be a high possibility that they will overtake US in the near future.

You seem to be raising China's reputation and despising the largest military and financial country like the United States. Great ambitions and strategies for the economy and making an impact on other countries is what I agree to say about China, but the United States is not weak in these matters, they understand China's power, and by longstanding relationships, the United States is gradually dismissing Chinese influences and imposing greater economic and military pressures, they are truly successful and this is a huge wall that China is difficult to overcome

[Sithara007]

China deserve to be on top, they worked their ass off. hope they will grow more

Agreed. Being a democracy as its own advantages and disadvantages. And similarly, being a dictatorship also has it's own merits and demerits. In the US, the political parties need to take a populist stance on issues such as welfare and medicare, because if they don't do that then they will lose the elections. The regime in China doesn't need to worry about elections. They can just do whatever needed for the greater well being of the country, without worrying about the electoral outcome. On top of that, the Americans are wasting trillions of USD every year by invading and bombing third world countries. The Chinese are intelligent and they never go for direct warfare. They always opt for proxy warfare, which costs hardly anything.

[Xinarae*]

Huge changes are taking place in the world economy china will overtake the United States to become the world's largest economy with the United States and china battling for power in a situation where the coronavirus has infected the world. At the same time, overcoming the economic crisis depends on the rate of release of coronavirus infection between the two countries the coronavirus infection and the economic situation associated with it have reportedly completely benefited china. Skillful management’ has helped improve China’s economic infrastructure even in the midst of global hype china is much more advanced in both aspects of politics.

[Lorence.xD]

Huge changes are taking place in the world economy china will overtake the United States to become the world's largest economy with the United States and china battling for power in a situation where the coronavirus has infected the world. At the same time, overcoming the economic crisis depends on the rate of release of coronavirus infection between the two countries the coronavirus infection and the economic situation associated with it have reportedly completely benefited china. Skillful management’ has helped improve China’s economic infrastructure even in the midst of global hype china is much more advanced in both aspects of politics.

If China's growth continues and their New Silk Road and money trap continues, I am pretty sure that they are going to take over the 1st place in the global economy but one thing that irks me is that they still have a closed market so I think that they are not going to sustain that growth if they continue doing that.

[bryant.coleman]

If China's growth continues and their New Silk Road and money trap continues, I am pretty sure that they are going to take over the 1st place in the global economy but one thing that irks me is that they still have a closed market so I think that they are not going to sustain that growth if they continue doing that.

What sort of money trap your are talking about? Western countries have exploited developing nations for so long, by providing loans with extremely exploitative terms. China on the other hand, has more relaxed terms and low interest rates. I see a lot of Westerner's complaining about the "Chinese debt trap". But they have no moral highground to say this, when their own countries were the first to use this strategy. Now they are complaining because the poorer nations have got a better choice.

[Lorence.xD]

~

What sort of money trap your are talking about? Western countries have exploited developing nations for so long, by providing loans with extremely exploitative terms. China on the other hand, has more relaxed terms and low interest rates. I see a lot of Westerner's complaining about the "Chinese debt trap". But they have no moral highground to say this, when their own countries were the first to use this strategy. Now they are complaining because the poorer nations have got a better choice.

Oh yeah I forgot that, the money trap that I am talking about is the one where China offers a really generous debt to developing countries like Sri Lanka and Papua New Guinea, the catch is that they will only use companies from China to build the infrastructure and have half of the workforce there Chinese and most of the debts given can't be paid by the developing country so China takes a part or takes the land where the infrastructure was built so basically they conquered a small land by drowning them in debt.

[Vishnu.Reang]

Oh yeah I forgot that, the money trap that I am talking about is the one where China offers a really generous debt to developing countries like Sri Lanka and Papua New Guinea, the catch is that they will only use companies from China to build the infrastructure and have half of the workforce there Chinese and most of the debts given can't be paid by the developing country so China takes a part or takes the land where the infrastructure was built so basically they conquered a small land by drowning them in debt.

The fact is that the poor nations have no other option. They can't get loans from the Western nations, because these nations are themselves knee-deep in debt. China seems to be the only country with surplus money. So if a poor nation wants to build a railway line or airport, taking a loan form China seems to be the only option. All that said, I don't think that the Western nations are any better than the Chinese. A perfect example is the 1998–2002 Argentine great depression. Western agencies forced the Argentine government to agree to a lot of unfair terms when they defaulted. The same happened a decade ago, with Cyprus.

[Snappycoco]

It is not unexpected due to the fact that China's aggressions on expanding their territory would really give them a big impact in their GDP. I also learned about the Million of dollars worth of untouched oil reserves in West Philippines Sea where China could mine illegally.

[iv4n]

Oh yeah I forgot that, the money trap that I am talking about is the one where China offers a really generous debt to developing countries like Sri Lanka and Papua New Guinea, the catch is that they will only use companies from China to build the infrastructure and have half of the workforce there Chinese and most of the debts given can't be paid by the developing country so China takes a part or takes the land where the infrastructure was built so basically they conquered a small land by drowning them in debt.

The fact is that the poor nations have no other option. They can't get loans from the Western nations, because these nations are themselves knee-deep in debt. China seems to be the only country with surplus money. So if a poor nation wants to build a railway line or airport, taking a loan form China seems to be the only option. All that said, I don't think that the Western nations are any better than the Chinese. A perfect example is the 1998–2002 Argentine great depression. Western agencies forced the Argentine government to agree to a lot of unfair terms when they defaulted. The same happened a decade ago, with Cyprus.

This is happening in my country too! Chinese companies are investing a lot, they are giving credits for big infrastructural projects... of course, their companies are working on them!
I am not sure what to say is there some other option or not... I believe the main role here plays money, like always! But that money ends up in politician pockets, and of course, Chinese companies are earning too, while we are just slaves that work for minimal wages in unconditional metal boxes! 
Money rules everywhere, and the Chinese are full of it! So they are going around the world, pushing whatever they can push! It's not like they are first who are doing that, and probably not the last one! But sadly there's so little for little man, like always!

[Obito]

They have an aggressive expansion in the South China Sea so I think that they are definitely going to get ahead of US in terms of economy, they also have the cooperation with a lot of African countries and they have a really good deal on this one because the money that they lend to these countries don't go out of China's hands because they employ Chinese companies to do the work in these countries.

[Golftech]

They have an aggressive expansion in the South China Sea so I think that they are definitely going to get ahead of US in terms of economy, they also have the cooperation with a lot of African countries and they have a really good deal on this one because the money that they lend to these countries don't go out of China's hands because they employ Chinese companies to do the work in these countries.

The aggresiveness of reaching the tops spot, that's how china works they wanted

it so much and with the fruits coming from those investment and lend money that

they bring from each sides of the world it's near to its successions, China already

gained attentions from every financial sectors all over the world,

[Gaaara]

China expands its business and their industries are economy focused which caused some ecology conflict, China's business are focused on rendering money and if their environment just gets worse for advancing their economy then I don't see them going through all those years before 2028 without having any difficulties; another thing is that China are more interested on A.I. and Robotics while U.S. are retain advancing Space knowledge, from business perspective A.I. and Robotics costs a lot less than Space projects.

U.S. suffered from Covid which creates the big difference between their economy, but once U.S. recovered they can regain their loss.

[virasog]

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.

China deserve to be on top, they worked their ass off. hope they will grow more

As the US dollar will become weak, the US power will also become weaker and the only country which have the capability to become he world super power is China. The only disadvantage china has is that it is surrounded by countries who do not like the existence of china like India, Israel etc. China will have to tackle this with good strategy and do not involve themselves in any sort of war with its neighboring countries.

[Obito]

~snip

The aggresiveness of reaching the tops spot, that's how china works they wanted

it so much and with the fruits coming from those investment and lend money that

they bring from each sides of the world it's near to its successions, China already

gained attentions from every financial sectors all over the world,

Well, with a lot of crimes against humanity that China has done and still unanswered as of this day, I am sure that it is enough to gain the attention of the world. I don't like that they are aggressive with their expansion because they are bullying other countries into submitting to their will, although I am impressed, I am wishing that their plan meets an ill fate.

[Koro-Sensei]

No doubt they would. They are invading other countries natural resources, they sell original as well as fake products, all kind of shits are already there and they are selling it to the world. Who could fight that kind of strong manpower unless sanctions are applied due to their greediness, no country could match their economic growth.

[Vishnu.Reang]

No doubt they would. They are invading other countries natural resources, they sell original as well as fake products, all kind of shits are already there and they are selling it to the world. Who could fight that kind of strong manpower unless sanctions are applied due to their greediness, no country could match their economic growth.

China is a country of 1.4 billion people and no other country can compete with them in terms of raw manpower. And also, China is not a country which is sinking in federal debt (unlike the case with the United States and most of the European countries). This means that they have the resources to make investments in other countries. Obviously for the third world nations in Africa and South Asia, the funds offered by China looks like a very attractive option.

[Kakmakr]

You know..... The US debt is slowly but surely ..sucking out the live blood out of the US economy. The focus is not on creating jobs and retaining those jobs... but just to stimulate the economy with the printing of toilet paper money. On the other hand... the Americans are at their strongest, with their backs to the wall... and you cannot take that away from them. (Look what happened after 911 and all the natural disasters that hit them)

I honestly think they will bounce back, but they will lose their global hold as the reserve currency for a lot of nations. Governments will lose faith in the US Dollar and the US will have to fight to get it back. (It is also possible that the new Chinese Govcoin might be the next Bitcoin) 

[bryant.coleman]

You know..... The US debt is slowly but surely ..sucking out the live blood out of the US economy. The focus is not on creating jobs and retaining those jobs... but just to stimulate the economy with the printing of toilet paper money. On the other hand... the Americans are at their strongest, with their backs to the wall... and you cannot take that away from them. (Look what happened after 911 and all the natural disasters that hit them)

I honestly think they will bounce back, but they will lose their global hold as the reserve currency for a lot of nations. Governments will lose faith in the US Dollar and the US will have to fight to get it back. (It is also possible that the new Chinese Govcoin might be the next Bitcoin) 

With the election of Socialists back to power, the US will just speed up its slide towards economic collapse. Already there are talks about increasing the long term capital gains tax to as much as 60%, and hiking the corporate tax. Another major war (similar to the ones they had in Iraq and Afghanistan) will cost the United States another 2-3 trillion USD and that will destroy the economy completely. Actually I am surprised that China hasn't overtaken the US yet in terms of GDP.