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China replaces America as the world's economic superpower

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the so called great power to be and an average worker makes 60 cents an hour . While a high school kid in the US on a summer job makes $10/hr at McDonalds

sure but china is still taking over!
look at the big picture buddy!
 
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sure but china is still taking over!
look at the big picture buddy!

Not for a long time buddy. :tup:

The 2016 prediction is based on GDP (PPP).

Their argument is that they can't use nominal GDP, because China is undervaluing its currency. So the nominal GDP, is understating China's actual economic size.

In terms of actual nominal GDP (assuming that all currencies are at market value) it will probably take until 2025 or later to actually surpass the US economy.
 
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