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> There’s a reasonable chance it exceeds USA in nominal GDP it if it grows at 5+% till 2030. The US GDP grew 5.7% last year. > China is already the worlds lar
by zepto 5y ago
> There’s a reasonable chance it exceeds USA in nominal GDP it if it grows at 5+% till 2030.
The US GDP grew 5.7% last year.
> China is already the worlds largest consumer market.
No it isn’t.
- tonyedgecombe 5y ago>The US GDP grew 5.7% last year. To be fair that's only because it bounced back from the covid impacts in the previous year.It had been hovering around the 2.5% mark for the previous decade. On the other hand no economist believes the figures that come out of China, they are far too consistent.