I'm pretty sure us growth was actually above 2% and China at 6%.
Regardless, the US is a consumer market economy, it's growth percentage will always be lower. China is also transitioning to a consumer based economy, which is why we're also seeing a slow down within the Chinese economy as well, but there HAS been a major slow down. China went from 7-8%+ to 6.6% and is likely going to be even lower next year.
Military advantage has little to do with how how big your nation ppp gdp is, rather how you utilize your cash.
Israel has a tiny population, and a very small gdp, as compared to, say KSA, but we both know whom has the actual military advantage.
Look at the chart below:
As you can see US GDP growth is now running at around 1 % a year average. Figures for Q2 is not much better:
http://www.cnbc.com/2016/07/29/us-advance-q2-2016-gross-domestic-product.html
As for China's growth rate, the Chinese government has targeted 6.5% for next 5 years and I am inclined to
listen to them rather than so-called Western experts who have been proven wrong multiple times on the Chinese
economy before.
China's economy in real terms is at 20-21 trillion US dollars compared to the 18-19 trillion US dollars for the US one. By 2030, it is easy to see China ending up with twice the GDP of the US in real terms. Even after 2030, China should still be growing quicker than the US as it will still be catching up. Are you seriously saying that a much poorer US will hold the military advantage for another 30-40 years? This makes no logical sense to me at all.
The reason why people keep thinking the US will remain dominant is because this is the way it has always been and they are not prepared to think about a time when it will no longer be this way.
"Israel" and KSA are not a good comparison for so many reasons. One of the major reasons is that KSA buys weapons for favours from Western countries like US/UK.
You cannot build 200 ships (10 of those are supercarrier) in just 20 years.no matter how rich your country was, ships and equipment will not appear just out of a snap of a finger. That is the first thing you need to realise.
Secondly, you can think of building the same force to match the US, but you have to answer this question
"Where do you put them when they are not in use?"
US have 4 large naval bases in both side of the US Seaboards, + Hawaii + Guam + Diego Garcia + overseas/alliance secondary bases that can service the ship they use now. China have a single coast line, which have 2 bases plus Hainan Island, and no overseas bases, how do you put 10 Carrier Battle Group in the 2 bases you have?
China cannot challenge US globally, may be Regionally, but most definitely not globally, and it is unreasonable to ask China to challenge the US on American side of the Pacific.
Also, most people failed to see most of the US defence budget gone to R&D and hoping to stay ahead in both quality and number, about 4/5 of the budget used to research and development, they can dump this idea anytime and focus on material production if China caught up or sped over the technology edge.
What makes you think that the Chinese won't eventually build naval bases all over the world? They sure will have the money as their economy is already the largest in real terms in the world and still growing many times quicker than the US.
Why do the Chinese need to build 200 ships and 10 aircraft carriers? They would be wise to focus on highly advanced SSNs to challenge the US Navy in the Atlantic and other areas that may be a bit of a stretch to send CBGs on regular patrols. I am not sure how good their anti-ship ballistic missiles and hyper sonic weapons are but they could also in theory be launched from China at US Navy anywhere in the world.
I think it unlikely that China will waste resources matching the US ship for ship. They are more likely to have enough to be confident of domination in SCS and up to Hawaii in the Western Pacific. Other areas we will likely see SSNs and the liberal use of anti-ship ballistic missiles and hyper sonic weapons.
All that China needs is to develop it's economy like Korea/Taiwan have done and it will have won. A much poorer US cannot challenge a richer China.
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