Posted on 12/26/2020 1:19:59 PM PST by RomanSoldier19
China's economy will overtake that of the United States by 2028, five years earlier than previously forecast, because of the two nations's different policies on COVID-19, a British economic think tank said Saturday.
The World Economic League Table, released by the London-based Centre for Economics and Business Research, said China's quick and forceful handling of the pandemic, which first broke out in Wuhan in 2019, resulted in less economic damage in 2020, leading to a head start in recovery.
China reported 23 active cases of COVID-19 on Dec. 19. The country has reported a total of 95,460 cases with 4,770 deaths since the pandemic began, according to the online tracker at Johns Hopkins University.
The United States has been harmed economically by the COVID-19 pandemic, the report said. The United States has the highest number of COVID-19 cases and deaths worldwide at over 18.7 million cases and over 330,000 deaths, according to global trackers.
(Excerpt) Read more at upi.com ...
Just like the Japanese did thirty years ago!
My thoughts too...kanban anyone?
If China Joe and Heels-Up are at the helm, that estimate will be revised to 2022.
With some help from the Cheater-in-Chief.
My thought exactly...🤢
What is the Chinese national debt?
A few millenniums ago China did have the most dominant economy in the world for a thousand years. The Chinese are bent on achieving that status again.
Commies have conquests, not economies ...
But there is a major difference between Japan and China.
China has 12 times m ore population than Japan. Size may matter in how big an economy can expand.
For example Canada can never overtake US economy. Again size matters.
If the steal prevails, it might be sooner than that.
This is the reason for Joe Biden’s existence.
He was made for this.
If Joe and Heels Up take the WH in January, the U.S. will be a satellite of China (informally, of course) by the end of the month.
China will likely surpass simply because they’re so much bigger — and have a lot of upside on the productivity side.
Does that mean we can start deporting Muslims?
China’s economy will overtake that of the United States by 2028,
........................................................
That, of course, is premised on eight years of the USA being run by two globalist puppets, Plugs and the Hoe!
And you can thank "The Great RESET" for making sure that will happen.
More than just the political officials will make sure that will happen !
Look at the Chinese influence in sports, media that have been bought off, as well as the 'Entertainment industry', who remake movies
so as to not offend the Chinese government.
Too late we have already learned how dependent our nation has been on the Chinese influence
in prescription medication supply, insulin production, even with the 'over the counter medications'.
Notice that even the imported illegal drugs are not given the same publicity that the covid death count has been given,
even though , in some areas, the drug overdose death count is three or more times higher than covid deaths.
2028?
How about 2020-21?
As fast as we’re closing up shop, why should it take them
that long?
China's debt tops 300% of GDP, now 15% of global total ...
www.reuters.com/article/us-china-economy-debt-idUSKCN1UD0KDhttps://www.reuters.com/article/us-china-economy-debt-idUSKCN1UD0KD
China's total corporate, household and government debt rose to 303% of GDP in the first quarter of 2019, from 297% in the same period a year earlier, the IIF said in a report this week which...
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