President Donald trump has made China his economic rival by announcing to impose hefty trade tariffs, but the Chinese respond to by increasing duty of their own : sparking the prospect of a trade war that has now impacted on global stock market
America is afraid of China for one simple reason: the growth rate of the Chinese economy is 4 times higher than the growth rate of the American economy. Extrapolation of current trends for the medium term indicates that China will shift the US from the leading positions by about 2030.
There is no doubt in this fact that CHINA has great economy and it is said that china is silent giant and it can anytime over take super powers. China is the only state that became veto power without exhibiting its power in war rather just because of its economic power. If America does not keep growing its economy, China is going to beat it so easily and become the new super power of the world.