China's Economy Is on Track to Surpass the U.S. by 2035

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I'm still not sure whether its gonna happen or not. And if it does, will it be a bad thing? I'm just not so sure.

According to this article

http://www.gobankingrates.com/investments/us-economy-still-no-1-but-for-how-long/

it would actually benefit our economy, something we could definitely use in our declining economy.

Laura of CA 7:57PM August 16, 2010

Other 1980s expect research farming tree birds.

verizon wireless computer modem of AL 9:33PM May 19, 2010

Not to say that I don't believe the prediction that the Chinese economy will surpass that of the US, but I feel that the extent to which China will exceed the US seems to be somewhat exaggerated. I doubt that China will have an economy miles ahead of America's; there would probably be only a slight difference between the two, and both would most likely be constantly vying for superiority over the other, with neither really attaining any great advantage.

Also, you can't ignore the EU in this whole situation too. As it stands now, the European Union is the wealthiest region in the world with a GDP that exceeds America's ($16 trillion to US's $13 trillion). Unlike the US, Europe is greatly progressive and innovative in all kinds of technological endeavors, as well as in the social and ideological spheres. The EU should not be forgotten, for its role in the future would be as important as America's or China's.

Martin 7:55PM September 07, 2009

Bye bye America, welcome Great China.

Slave 6:23AM May 06, 2009

Since 2003 China's GDP has been over 10 percent while ours 1 percent(Latin AMerican countries have 4-8 percent).

We have fallen behind: I have a sister who is a research scientiest(she worked on Parkinson's disease then cancer) and she along with her colleagues are disheartened. They are leaving even fron NIH and some opening labs in China because this administration cut monies for education. For our treatments and medications to be less expensive research in universities are crucial. Most bioengineering students are Indians not AMericans. R$D drug companies are no longer here but in China.

China bought 1 trillion of our debt and weighed in the Fannie and Freddie Mac decision.

I along with a group went to CHina in 2005 and we were shocked and amazed at its growth and innovations. We all were speechless, in my mind I thought, "OMG, this can't be. They have surpassed us".

Their major cities are like NY, London, Los Angeles and San Francisco combined and the cars they drive are Hondas and Toyotas. I have a friend who went to China for 6 months to learn Mandarin and write for Frommer's and she told me the neighborhoods have houses with Mercedes and tennis courts.

I do believe China will be the new superpower. All the world knows it except most Americans unless you visit there then you will be shocked.

Tina of CA 2:11AM September 16, 2008

the Chinese economy has roughly weighed one quarter of the Global GDP(PPP) from 1st Century to early 1800s.

FACT:

http://en.wikipedia.org/wiki/List_of_countries_by_past_GDP_(PPP)

It's just a matter of time they get back to the norm.

I don't see an argument there.

Frank Chen of CA 1:42AM August 27, 2008

'Given the fact that China, up to now, has not produced a single major scientific invention or patent. With this kind of national fundamentals, you think it is going to surpass US?'

considering that china has a history that surpasses america by thousands of years that is an extremely stupid statement. have you heard of the four great inventions? China was inventing stuff before America even came into existence.

I do not know if China will pass America by 2035 because I don't have the knowledge or expertise to predict an exact date but i am positive that within the next 50 years china will surpass America.

of NH 4:10AM August 14, 2008

I do not think CHINA will PASS USA by 2035!

Steven O Shaw BBA LUTCF MSM MSFS of WA 2:43PM July 23, 2008

For China to pass the US by 2035 many variables will have to happen in a positive manner. Has their huge energy appetite increases can they continue to subsidize gas, coal and electric prices in order to keep salaries low in order to stay competitive. Has many of the few natural resources they have i.e. Water, arable land, wood and food continue to dissappear at an ever increasing rate and the importation of these things cause an ever growing burden on the government in order to keep the people happy, the share of the budget will continue to grow to keep inmporting these things leaving little for investment, social spending and welfare. Couple these with an increasing number of natural and manmade disasters which claim an ever increasing share of the budget, how long before the economic train derails or the communist bear will have to be awakened to quell the peoples unrest!

Curtis Gwin Jr of WA 4:28AM July 23, 2008

Given the fact that China, up to now, has not produced a single major scientific invention or patent. With this kind of national fundamentals, you think it is going to surpass US?

China is just now at the elementary product assembly, scientific learning and imitating stage... based on inexpesive labor (which is rising). I think for advance high tech, creativity and invention, it will take China another hundred year to catch up with US.

China needs to produce Edison, Eienstine and Gates.

If China can solve the poverty issue for all its population by 2035, that will be a great achievement.

Fred W of WA 2:54AM July 12, 2008

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