anonymus
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Actually I only projected 7-8% a year till 2020 which is the same as most major economic analysts. From 2020-2030 5% a year is quiet reasonable estimate so that takes them to 30K in both PPP and nominal by 2030- I do not expect the US currency to any longer be the sole world's reserve currency by then.
Chinese current growth is close to 6% and unless there is a sharp revival in your favorite bogeyman, West; it is bound to remain at that level.
And i have stated earlier, PPP converges with Real GDP values as one's economy grows.By the time china reaches the level of $20,000 GDP/capita, the difference between PPP and real values would be reduced to nil.
PPP as a concept is useless for comparing countries.
http://www.ibtimes.com/chinas-econo...lays-sees-economy-growing-less-6-2020-1407434