Why China will never rule the world - MacroBusiness : vimars

Why China will never rule the world - MacroBusiness


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at 1:20 pm on July 6, 2021 | 12 comments
Bloomberg is running an interesting study on what it will take for China to surpass the US economically in the decades ahead. It is much more difficult than Australia’s crop of CCP useful idiots would have you believe. Music to my ears:
If Xi delivers reform and Biden does not pass infrastructure stimulus then China could pass the US around 2030.
But neither of those is likely and reform failure, isolation and crisis is more probable for China.
Add China’s exaggerated GDP and demographic headwinds.
These variable deliver the following table of outcomes:

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