China to leapfrog U.S. as world's biggest economy by 2028: think tank

Reuters ^ | 12/25/2020 | Reuters Staff

[Onthebrink]

LONDON (Reuters) - China will overtake the United States to become the world’s biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said.

[GrandJediMasterYoda]

If Joe Biteme succeeds in stealing the office, China will overtake us in EVERYTHING.

[proxy_user]

In 2030, about 40% of the population in China will be over 50. It’s all downhill from there.

[cuban leaf]

This reminds me of the late 80’s and how Back to the Future II depicted the Japanese in the future.

[TwelveOfTwenty]

Thanks, free traitors.

[HighSierra5]

So they’re saying the Chicoms are leaping over a frog in hot water?

[Gen.Blather]

“In 2030, about 40% of the population in China will be over 50.”

I have been watching videos by Peter Zeihan. He leans heavily on geography and demographics. His view is that China will break up into four or five countries. If there was a serous war, China must import everything from energy to food to survive and they have to import it across choke points easily controlled by small navies thousands of miles from the mainland. He says the only reason that China exists as a modern nation is due to the US Navy keeping the sea lanes open. Now, if China buys the US president then all bets are off on what the future looks like for China, America and the world.

Here’s a sample. (No, I am not Peter Zeihan.)

https://www.youtube.com/watch?v=BHr999RGPQw&t=197s

[BusterDog]

Not if we stop buying all their cheap crap.

[Tell It Right]

China’s economy overtaking ours is like the North Pole becoming ice free. It’s always just 5 or 10 years down the road. Even though we’ve been hearing it for 20 years. lol

[Georgia Girl 2]

Total horse hockey unless Biden takes office.

[sphinx]

China has four times as many people. When China's economy equals the U.S. economy, the median Chinese income will be 25 percent of the U.S. level, which will put China solidly into the global middle class. Urban China is already there, but China still has hundreds of millions of people in rural areas that lag behind.

This progress is a good thing, not a bad thing. We should want prosperous, happy, optimistic Chinese people, not poor, hungry, angry and resentful Chinese people. The problem in China is not the development of a mass middle class; the problem is a government that remains a kleptocratic party dictatorship, that abuses human rights, that cheats its international partners, and that fails to accept the basic principle of reciprocity.

The government has to change. A mass middle class is part of the solution, not the problem. The rest of the world has tolerated too much cheating by the Chinese government. It is time to be tough and to let the Chinese people know by all means possible that their government is crippling China's progress by alienating the rest of the world.

[Brian Griffin]

The Chinese economy is already larger than ours.

They have four times as many people and lots of factories.

[TalBlack]

China is criminal, immoral and corrupt at every single level including the personal private level. They can’t create or sustain success for more than short spurts unless someone hands them everything they need on a silver platter but even then they’ll eff it up...eventually.

[Dr. Ursus]

No girls no wives no children no war no dead only sons!

[setter]

“This reminds me of the late 80’s and how Back to the Future II depicted the Japanese in the future.”

In the 80’s we never shipped 60,000 American factories freely to Japan.

There are 10 key industries that make a superpower. 5 years ago we controlled all 10. Now, China controls 3-4 and that number is growing.

We had military bases in Japan and controlled their gov’t and military.

More patents come out of China today than any other country.

[GrandJediMasterYoda]

Or how about the movie Bladerunner made in 1982 that portrayed the USA in 2019 taken over by the Chinese? Everything is in Chinese. They'll be only 2 years off if Joe Biteme takes office..

They also had flying cars which we have today (drones)

[newfreep]

With ChinaJoe in Oval Office, the US will submit to the CCP and become, at best, a vassal state of Communist China Party with the same totalitarian control imposed on the Chinese people.

[drellberg]

China's young population is imploding due to the one child policy. This was temporarily but substantially delayed due to a baby boomlet: the large number of children born just prior to the one child policy each rather suddenly had their 1-2 children; and this in turn caused a huge spike in the number of young adults between 2000 - 2010. But the demographic implosion resumed thereafter and with far greater force: The lack of young workers (and young parents!) is offset for the time being by the longer lifespans and productive lives of those over 60 years old; but 60 year old workers (trained 40 years ago and to much lower standards) are not good substitutes for 20 year old workers. President Xi came to power in 2012 just as the huge and abrupt pivot began. His policies, including the Belt and Road Initiative (into Africa and elsewhere) and moves to assimilate Hong Kong while there is still time, are driven in no small part by the resumption of the demographic disaster facing China. Most but not all demographers are missing the speed with which this is unfolding. There is no way at this point for China to do anything about this. They cannot compensate by speeding up migrations from countryside to city; they cannot add even more hours to factory workers' average weekly schedules; they cannot coopt the workforces of neighboring countries (most of which are showing their own reductions in fecundity); and so forth. Considering the basic laws of physics, it will be a miracle in my opinion for China ever again to average even 2-3% annual growth for any sustained period. We are dealing with a huge country that ever more will be in decline. This is what makes China dangerous and this is what the US and its leaders must manage; not China ascendant.

[vpintheak]

Enabled by a strong left and a weak and feckless GOP. They ain’t right.

[sushiman]

The 2nd pic is Japanese and not Chinese . I think the 3rd is also .