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Author Topic: China Economy Forecasted to Surpass US Economy by 2028  (Read 441 times)
laredo7mm
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January 13, 2021, 04:05:57 PM
 #61

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The Chinese economy is expected to surpass that of the U.S. in 2028 - five years earlier than previously forecast - following fallout from the coronavirus pandemic, according to an analysis released Saturday.

Source:  https://www.msn.com/en-us/news/world/china-expected-to-surpass-us-economy-in-2028-analysis/

As stated, this is 5 years earlier than last projected, due to the effects of the pandemic. The US is not going to like being in the number two spot, and even less when India’s economy then surpasses the US after that. The biggest benefit to this massive Asian economies is the sheer number of people. The United States’ best hope of competing is to increase the number of Americans and, and quickly.


So how the USA is going to do that? Do you think they should let foreign people come to their country and govt should give them lands and money to build a firm? People in the western county is not like Asian. Most of the people in western countries do not like to have many children or do can not produce more because they are so busy with other things. Also, most of the people do not like to leave their own country if they are not in need. If Asian people can produce enough money to make an easy life they will not go to western countries no matter how big their salary is. 
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January 15, 2021, 07:54:30 AM
 #62

Americans already hiring huge number of people from outside the country and global immigration is even higher than previous year for sure. But I feel somewhat bad that when Trump was on throne he did not do very well to keep this promise and immigrations were halted too mass extent. This is also one of the factor America started its downfall and dollar reduced in pricing.

With this shock they started to print more money and eventually pandemic hit them, and with more severity than the others. I think they had poor management of all. Considering Asian countries like China, India with highest population of all with poor standard of living, still they managed to control the corona like no one else.

The whole economy shot depends on the people working within the country and for the country. So yeah they need to have master plan to come out of the crisis. 
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January 16, 2021, 06:25:55 AM
 #63

As stated, this is 5 years earlier than last projected, due to the effects of the pandemic. The US is not going to like being in the number two spot, and even less when India’s economy then surpasses the US after that. The biggest benefit to this massive Asian economies is the sheer number of people. The United States’ best hope of competing is to increase the number of Americans and, and quickly.

So how the USA is going to do that? Do you think they should let foreign people come to their country and govt should give them lands and money to build a firm? People in the western county is not like Asian. Most of the people in western countries do not like to have many children or do can not produce more because they are so busy with other things. Also, most of the people do not like to leave their own country if they are not in need. If Asian people can produce enough money to make an easy life they will not go to western countries no matter how big their salary is. 
I would say the joke was about having a lot more kids for the next generation and not just getting more people. Obviously having kids will not help you in the next 8 years, but it was a joke after all. If it was just a joke, I would say it was simply just a logical argument where having more people in your nation would mean you could make a lot more money with a lot more work as well.

However USA is doing fine what they are doing right now, they do not need to be "biggest economy in the world" to be a powerful nation, do you know why? China will be big, but it will be big by CCP, all those Chinese horrible disgusting officials will be rich while regular people will be poor, USA could still have poor people but even working minimum wage in mcdonalds will give you 10x better life than a regular Chinese.

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January 17, 2021, 01:47:21 AM
 #64

If you look at the Chinese government which is very aggressive in advancing its economy, and now the quality of products from China has increased.
Like it is not impossible that China's economy can surpass the US economy. But for me the country fails if it cannot provide welfare to its people.
So China may be happy that its economy can eventually become the best in the world, but I believe there are still many poor people in China. So why
have the strongest economy in the world, but in China there are still many people who still have difficulty finding food, because many Chinese residents
do not have a decent income.

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January 17, 2021, 03:53:07 AM
 #65

Americans already hiring huge number of people from outside the country and global immigration is even higher than previous year for sure. But I feel somewhat bad that when Trump was on throne he did not do very well to keep this promise and immigrations were halted too mass extent. This is also one of the factor America started its downfall and dollar reduced in pricing.

With this shock they started to print more money and eventually pandemic hit them, and with more severity than the others. I think they had poor management of all. Considering Asian countries like China, India with highest population of all with poor standard of living, still they managed to control the corona like no one else.

The whole economy shot depends on the people working within the country and for the country. So yeah they need to have master plan to come out of the crisis. 

The American immigration system is a joke. They are implementing more restrictions on skilled immigrants (by tightening the H1B visa), while the illegal immigrants (who are mostly uneducated, or even illiterate) are being given amnesties and welfare. The current immigration system is favoring welfare rats over qualified migrants. On the other hand, in China they are trying to attract highly skilled migrants from all around the world, although in lower numbers.

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January 17, 2021, 04:20:41 AM
 #66

If you look at the Chinese government which is very aggressive in advancing its economy, and now the quality of products from China has increased.
Like it is not impossible that China's economy can surpass the US economy. But for me the country fails if it cannot provide welfare to its people.
So China may be happy that its economy can eventually become the best in the world,


I monitored that country and you are right about that , china is very progressive in their economy and thats why china can surpass the US economy in 2028. Welfare its very important in every countries but the pandemic is very damaged in US economy.

but I believe there are still many poor people in China. So why
have the strongest economy in the world, but in China there are still many people who still have difficulty finding food, because many Chinese residents
do not have a decent income.


Thats true , because they dont know how to manage the poor people and some of the government are corrupt. They dont know to give a good welfare for the country but they are times that the people are also the reason to blame for why they suffer.

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