China has a shrinking population, money outflows, reliant on others for both energy and purchasing and RE is a game of Jenga that makes our 2004-2007 look like a play game. China will likely never overtake US gdp and certainly never will on a per capital basis. And none of the world elite are moving money into China. Lastly, us corps are actively working on exiting or reducing China exposure.
Nope.
China population is still increasing, albeit at a slower rate. And China's population is a massive 1.41 Billion.
From the BBC:
China census: Data shows slowest population growth in decades
https://www.bbc.co.uk/news/world-asia-china-57067180
And they don't even have immigrants. Ameica’s population would be down if not for massive immigration.
China WILL overtake the US in total GDP sooner rather than later.
That is certain.
By PPP, China has already overtaken US GDP.