beijingwalker
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US strength is on their stock market, if the stock market crashed, US will become a developing country overnight.
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There is probably going to be a tipping point in perception amongst Europeans when China surpasses major Western European economies in GDP per capita. The first country in this category is Portugal, currently around $24,500. That would also be around the time when the total Chinese GDP matches the total US GDP, which will probably be sometime in the 2030s.$3 Trillion USD added in 2021 alone.
Damn, impressive ! More than entire economy of UK
$12,551 USD per capita can be called high for country in the size of China. But yes, that’s not enough, China will grow much higher in the future.
$12,551 USD per capita is higher than some European Union countries. They just surpass per capita of Romania, and in the way to surpass Croatia & Poland in the next year
View attachment 809221
the govt legislated against abortion and protected the right to life of all zygotes.
There is probably going to be a tipping point in perception amongst Europeans when China surpasses major Western European economies in GDP per capita. The first country in this category is Portugal, currently around $24,500. That would also be around the time when the total Chinese GDP matches the total US GDP, which will probably be sometime in the 2030s.
1. There are many pregnant girls when they are a student. The ban on abortion will destroy their lives, in many cases, childbirth too soon leads to permanent damage to the female body
2. Elderly Pregnant Women will face many problems, because they cannot abort, in many cases, pregnancy and childbirth will lead to the death of mothers and babies
3. Many people are not prepared to have children, the ban on abortion will create many burdens for them. They do not know how to care and care about children, which creates many social problems, and the future will have a lot of potential criminals.
4. And, I'm not sure if the ban on abortion takes into account rape issues? Criminals can bring their seeds into innocent girls, and these evil seeds are protected by anti-abortion laws.
5...............................................
Increase the age limit. Over 14 and under 40. Abortion is prohibited.1. There are many pregnant girls when they are a student. The ban on abortion will destroy their lives, in many cases, childbirth too soon leads to permanent damage to the female body
2. Elderly Pregnant Women will face many problems, because they cannot abort, in many cases, pregnancy and childbirth will lead to the death of mothers and babies
3. Many people are not prepared to have children, the ban on abortion will create many burdens for them. They do not know how to care and care about children, which creates many social problems, and the future will have a lot of potential criminals.
4. And, I'm not sure if the ban on abortion takes into account rape issues? Criminals can bring their seeds into innocent girls, and these evil seeds are protected by anti-abortion laws.
5...............................................
So China just added $3 trillion to its GDP, India's entire GDP, in one year,
China's GDP would surpass USA in 5 or 6 years,no need ro wait until 30s.There is probably going to be a tipping point in perception amongst Europeans when China surpasses major Western European economies in GDP per capita. The first country in this category is Portugal, currently around $24,500. That would also be around the time when the total Chinese GDP matches the total US GDP, which will probably be sometime in the 2030s.
Perhaps, but it’s possible the US will grow faster then many anticipate, although many indications from the FED indicate a recession in the next 6-18 months, which could have a knock on effect on Chinese exports and global growth, so who knows. Time will tell .China will match the US GDP before it passes Western Europe's GDP per capita levels. China will probably surpass US GDP in the late 20s. And surpass Western Europe's GDP per capita in the 30s.
There is probably going to be a tipping point in perception amongst Europeans when China surpasses major Western European economies in GDP per capita. The first country in this category is Portugal, currently around $24,500. That would also be around the time when the total Chinese GDP matches the total US GDP, which will probably be sometime in the 2030s.
Exchange rate 6.45?
The current exchange rate is 6.35, and China's GDP in 2021 should be $18 trillion.
We are only $4 trillion away from the USA.
Considering that the USA has added some inexplicable parts to GDP, such as virtual rent, lawyer's legal fees and so on. China's actual GDP has exceeded that of the USA.
Of course, Americans at least don't count cow dung into GDP.
I was just look at GDP per capita in South American countries. Once China passes these last few countries a psychological barrier will be broken in these countries. At a certain level, they will think of Chinese people in the same league as the people’s of the other East Asian countries, if they don’t already.Yes, its only a matter of time.
But thats not the point, the most important thing with this achievement.
China now officially categorized as High-income country, they already success to escape from the so called “middle-income trap” that many countries become victim
I assume a Western European level of development is considered moderately developed while the full American suburban lifestyle is considered highly developed. Cant blame the Chinese for aiming high.Only 20, 000 US dollars per capita can be said to truly enter the developed countries. We are only 12000 US dollars, and we will continue to be a developing country in the next 20 years.
My primary school textbook says that it will reach the level of moderately developed countries in 2050.
If you use consumption as a measuring stick, China has passed the US many years ago.
China uses half the world's steel, nearly 10 times as much as the US who is in second place.
Tell me how a country that uses nearly 10 times less steel (the underpinning of an industrialized economy) can possibly have a bigger GDP (gross domestic PRODUCT) than China?
I guess they include stuff like lawyer fees and financial derivatives as "produce." lol
Increase the age limit. Over 14 and under 40. Abortion is prohibited.
Those who are unable to bear children due to diseases must have a certificate from a judicial medical appraisal institution.
Couples who are not ready to have children can go to the "Abandoned baby Island" and hand over their children to the govt.
Castrate the rapist. Castrate with this tool:
You can die a hero, or you live long enough to see yourself a villain