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Interesting, quite a few no.1 positions being taken over by China recently! Looking stronger than ever, in-spite of the various territorial issues.
by powertry 13y ago
Interesting, quite a few no.1 positions being taken over by China recently! Looking stronger than ever, in-spite of the various territorial issues.
- alexeisadeski3 13y agoWell it is the most populous country in the world and all.
- refurb 13y agoGood point. The most impressive point won't be when Chinese GDP surpasses the US, but when Chinese GDP surpasses 4.2*US GDP.
- craftsman 13y agoOr just: when China's per capita GDP surpasses that of the US (since the 4.2 probably won't remain constant).
- w1ntermute 13y agoFrom what I've read, with current Chinese growth trends, that won't happen for another 100 years. Unlike other, smaller East Asian countries (Japan, Taiwan, South Korea) that have grown on the back of export-based manufacturing, China is far too large to base its growth on exports alone.
- alexeisadeski3 13y agoIt may take much longer than that. China's birthrate is low, so the nation may experience severe greying related problems. India, however...
- deleted 13y ago[deleted]
- bnegreve 13y ago6 or 7 countries already surpasse the GDP per capita of the US [1], so that's not really a a landmark milestone. [1] http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capita http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP...
- alexeisadeski3 13y agoFive or six postage stamp countries plus Norway, an extremely oil rich nation (in oil per capita terms). The US remains the landmark.
- bnegreve 13y agoIf you're suggesting that we take into account how well the wealth is distributed, then again, the US isn't a landmark. However it's hard to evaluate, maybe [1] [1] http://en.wikipedia.org/wiki/List_of_countries_by_income_equality http://en.wikipedia.org/wiki/List_of_countries_by_income_equ...
- alexeisadeski3 13y ago>If you're suggesting that we take into account how well the wealth is distributed I'm not. Why on earth would you think I meant that?