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Somewhere in those ensuing 22 years, the U.S.A. will have some years of growth more than 2.5%. ChiComs will not grow at 11% forever.

It is convenient propaganda to attribute to Commies such wonderful industriousness.

yitbos

I don't think anyone is attributing China's remarkable growth to "communism." For about 20 years, China grew by simply putting more hands to the tiller---it wasn't productivity growth, but it was growth. Now, however, they are experiencing productivity growth, even outsourcing. This is almost entirely due to capitalist policies and a hands-off approach for large sectors of manufacturing and industry.

Yah, there is still the old commie streak alive, but increasingly the Chinese are just ignoring communism and state control. Ideology is being abandoned for practicality. As Deng said, "Black cat, white cat, who cares as long as it catches mice?"

Will there be a day of reckoning? Probably. Sooner or later, if states continue to exert control over the "commanding heights" of industry, and especially over individual liberty, there will be a fight. But we have plenty of examples of former commie countries that changed direction without a drop of blood being spilled after Reagan backed down the Soviets. There was nothing written in stone that, say, E. Germany or Czechoslovakia couldn't have "chosen" to stay communist---but they saw it didn't work. It is entirely possible China's communism will likewise go out with a whimper instead of a bang.

The Chinese are communists in name alone -- they are increasingly more like fascists.

Industriousness, yes, due to throwing more people at a job. In terms of productivity, the US still is high up -- as is Germany, Japan and even India in comparison to China.

In any case, the net result is that China and india will be somewhere close to the US by 2030 -- I doubt they would overtake the US, but they will be close -- as I said in another post here, what matters more to both is bringing millions of their countrymen out of poverty

sobtiy