Post
Topic
Board Economics
Re: China will rule world as economy king after crisis end?
by
stiffbud
on 31/05/2020, 13:06:55 UTC
China will rule world as economy king

I think this is extremely likely in the next few years, irrespective of the COVID-19 crisis. China was catching the US rapidly anyway. Indeed China overtook the US on purchasing power parity GDP a few years back.
http://statisticstimes.com/economy/united-states-vs-china-economy.php
But a higher GDP doesn't mean China have become more powerful, there are many other things that come in play also.
Now there are many rumors that India and China are on the verge of war and also many countries are plotting against China for the main reason of this corona blunder and also supplying defective medical equipment and those countries are supporting India for making cheap products in order to bypass China, so if this happens then China will surely fall from its high and then we can see that America is still the superpower that we knew.