China Expected To Surpass US Ahead of Projections!

China’s Growth Beyond Projections!

It seems like I’ve been fixated about China in the last several years
But they do grab your attention. Unfortunately, the average reader or viewer
In the US gets to know nothing because there is so little that makes the headlines.

What next?

Well, China always thought of as “slow” and “plodding” in most things—and not overly anxious to rock the proverbial boat—has challenged all of the odds-makers. Already it has surpassed France, Italy and Britain as an economic power. In fact, it is estimated that China, today, is the fourth greatest economic power in the world.

Something to ponder certainly in a world where economic power seems to be everything!

How does that leave the United States? Are the Chinese likely to threaten our hegemony?

The only answer to that is, “Can you be serious?”

By current estimates, the Chinese will surpass the US by as early as 2035!—which is at least five years earlier than original projections…

What has changed the projections is the discovery of about $280 billion in hidden productivity. By itself, this alone is about the size of Turkey or Indonesia’s economic output—or 40% of India’s economy.

Therefore, the gross domestic product of China is now nearly two trillion dollars.

Adjusted, this figure describes a power that is growing by 17% annually!
And this past year is purported to also be a significant year for growth causing China to lag only behind Japan, Germany and the United States in economic output!, making it the fastest growing economic power in the World.

Not bad when you consider that it wasn’t too many years ago that China had no manufacturing and a miniscule economic base and there was no such thing as a Chinese millionaire…

Les Aaron