Western contempt for China turns to panic

[onebyone]

Western contempt for China turns to panic
Economic boom continues with electronics industry domination and infrastructure growth through trillion-dollar Belt and Road Initiative

http://www.atimes.com/article/western-contempt-china-turns-panic/

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Allison warns:

In the three and a half decades since Ronald Reagan became president, by the best measurement of economic performance, China has soared from 10 percent the size of the US to 60 percent in 2007, 100 percent in 2014, and 115 percent today. If the current trend continues, China’s economy will be a full 50 percent larger than that of the US by 2023. By 2040 it could be nearly three times as large. That would mean a China with triple America’s resources to use in influencing outcomes in international relations. Such gross economic, political, and military advantages would create a globe beyond anything American policymakers can now imagine.

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Investor opinion about the Chinese stock market has only begun to change, but corporate America has been bullish on China all along. Chinese companies’ share of global electronics production, meanwhile, rose from 30% in 2012 to nearly 60% in 2016, and this share will rise to 87% by the end of the present year. China is the world’s largest market for electronic components and no American company can afford not to have a major presence there.

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[Realtalk108]

We are entering a long period of unending supply of popcorn.

 

[war&peace]

With power comes great responsibility.

We are entering a long period of unending supply of popcorn.

Be careful, those popcorn will blast inside you.

 

[terranMarine]

 

[Realtalk108]

With power comes great responsibility.


Be careful, those popcorn will blast inside you.

I hope it doesn't. To be honest though, the level of retardation in India is so great these day that I won't mind a few popcorn going off inside India as well.

 

[AndrewJin]

With power comes great responsibility.


Be careful, those popcorn will blast inside you.

If you mean the responsibility of ensuring mutual development and collective betterment, then China is fulfilling that role globally with her friends, that role is what Trump regime hates. If that role means instigating regime change and immoral wars, then let USA continue that role, they also love that role.

 

[GeraltofRivia]

Western contempt for China turns to panic
Economic boom continues with electronics industry domination and infrastructure growth through trillion-dollar Belt and Road Initiative

http://www.atimes.com/article/western-contempt-china-turns-panic/

***********************************
Allison warns:

In the three and a half decades since Ronald Reagan became president, by the best measurement of economic performance, China has soared from 10 percent the size of the US to 60 percent in 2007, 100 percent in 2014, and 115 percent today. If the current trend continues, China’s economy will be a full 50 percent larger than that of the US by 2023. By 2040 it could be nearly three times as large. That would mean a China with triple America’s resources to use in influencing outcomes in international relations. Such gross economic, political, and military advantages would create a globe beyond anything American policymakers can now imagine.

*****************************************

Investor opinion about the Chinese stock market has only begun to change, but corporate America has been bullish on China all along. Chinese companies’ share of global electronics production, meanwhile, rose from 30% in 2012 to nearly 60% in 2016, and this share will rise to 87% by the end of the present year. China is the world’s largest market for electronic components and no American company can afford not to have a major presence there.

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Not sure exactly which metric the article is refering, the statement that China's economy will be 50% larger than that of US by 2023 is highly unlike. Even the total size is at par, the GDP per capita is still far behind. there are still a lot catchup to do to reach parity.

 

[AndrewJin]

Not sure exactly which metric the article is refering, the statement that China's economy will be 50% larger than that of US by 2023 is highly unlike. Even the total size is at par, the GDP per capita is still far behind. there are still a lot catchup to do to reach parity.

I think they r using supa powa PPP.....

 

[Menthol]

Not sure exactly which metric the article is refering, the statement that China's economy will be 50% larger than that of US by 2023 is highly unlike. Even the total size is at par, the GDP per capita is still far behind. there are still a lot catchup to do to reach parity.

PPP I guess.

In my opinion, China economy surpassing USA earlier than 2014, it's should be around 2010-2012.

Two - three years ago, based on my own calculation, China PPP GDP is already 30% more of USA.

And 50% of USA is probably around next year or even today.

As we know that China is hiding their true economy power and as well as USA try to make China weaker so USA can still buy some time to keep to lead the world.

 

[AndrewJin]

PPP I guess.

In my opinion, China economy surpassing USA earlier than 2014, it's should be around 2010-2012.

Two - three years ago, based on my own calculation, China PPP GDP is already 30% more of USA.

And 50% of USA is probably around next year or even today.

As we know that China is hiding their true economy power and as well as USA try to make China weaker so USA can still buy some time to keep to lead the world.

PPP is deceitful to describe a country's overall power.
PPP per capita could be a legit method to reflect individual living standards,
but should be measured on the city/county/prefecture base,
such as PPP per capita of Shanghai, PPP per capita of Lanzhou.
But PPP overall is simply useless, you don't use that to import oil and export DJI!

Chinese should not get trapped in such notions.......
Also, I urge Bureau of Statistics to use SNA1993 for more years!

PPP per capita should be measured on the city/county base.....
The only legit occasion

 

[xyxmt]

Not sure exactly which metric the article is refering, the statement that China's economy will be 50% larger than that of US by 2023 is highly unlike. Even the total size is at par, the GDP per capita is still far behind. there are still a lot catchup to do to reach parity.

US population is 1/4th the size of China, when China's GDP per capita equals US per capita means Chinese economy is 4 times the size of US.