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> US manufacturing is in the gutter That had little effect on GDP growth, though. It’s not like the gap has been narrowed that much in the last 15 years: htt
by wqaatwt 1y ago
> US manufacturing is in the gutter
That had little effect on GDP growth, though.
It’s not like the gap has been narrowed that much in the last 15 years:
https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=CN-US&start=2010 https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?location...
It’s not that long until China’s demographic issues will start having a huge impact.
Unless something significant changes it’s not inconceivable if China never catches up.
Obviously such longterm projections are semi meaningless but China will likely have less than 500 million people by the end of the century.