China's 9.11 Trap for the US

CNSNews.com ^ | January 07, 2002 | Tom DeWeese

[Lake]

>>China's economy is 7 times larger than that of india when their populations are roughly the same.

United States Economy

GDP: purchasing power parity - $9.963 trillion (2000 est.)

GDP - real growth rate: 5% (2000 est.)

GDP - per capita: purchasing power parity - $36,200 (2000 est.)

China Economy

GDP: purchasing power parity - $4.5 trillion (2000 est.)

GDP - real growth rate: 8% (2000 est.)

GDP - per capita: purchasing power parity - $3,600 (2000 est.)

India Economy

GDP: purchasing power parity - $2.2 trillion (2000 est.)

GDP - real growth rate: 6% (2000 est.)

GDP - per capita: purchasing power parity - $2,200 (2000 est.)

[truthandlife]

Doesn't sound like Bush is so easy to give China a free ride:

Bush Worried About China Bible Arrest

[borghead]

This is after purchasing power parity analysis, I'm talking about the original GDPs. China(with hongkong) only has about an 1.7 trillion GDP. And india is 1/7 of that.

[tallhappy]

Like I said, you sound just like you get all your stuff from People's Daily or slightly more sophisticated ChiCom propaganda outlets.

[Nateman]

At those rates of growth China equals US output in 28 years.

[Nateman]

At only 1.7 trillion GDP China takes 208 years to equal US output if the rates of growth stay constant. A big if.

[Lake]

>>At those rates of growth China equals US output in 28 years.

Right.

>>At only 1.7 trillion GDP China takes 208 years to equal US output if the rates of growth stay constant. A big if.

My calculation says it will be 63 years.

[borghead]

The 1.7 trillion is far more probable, somewhere around the middle of the 21st century china will surpass the U.S.

[borghead]

Being realistic has nothing to do with propaganda, if Lake is correct than China's economy is roughly 1/2 that of the U.S, this is unrealistic, it has to be around 1.7-2 trillion, moreover, if India's GDP is only 1/2 the size of China, then were are there consumer products? Software only accounts for $5 billion in their GDP, where is all the stuff that they are supposed to be pumping out if India's GDP is over 1 trillion dollars. Moreover, I will repeat again, I do not support the communists in mainland china.

[Lake]

>>somewhere around the middle of the 21st century china will surpass the U.S.

To be honest, I don't think China can possiblly surpass the US. People used to believe that Japan was going to be the world's economic superpower, however, it collapsed. China has more problems than Japan does. The quality of life of the majority of the Chiense population, the peasants, is at least 50 years behind that of Americans.

[Lake]

>>, if Lake is correct than China's economy is roughly 1/2 that of the U.S, this is unrealistic

The figure is from the CIA factbook, which says China is the world's second largest economy now.

[borghead]

This is with purchasing power parity. It means that in China 1 dollar can purchase more than a dollar here in the U.S. The total number of $$ that China economy pumps out is far less than 4.5 trillion. Maybe 40% of that.

[Lake]

One of the reasons why I don't believe China can surpass the US in any sense is because 90% of the innovations in the world are from the US for the past 20 years. You can't lead the world by immitateing or cloning other people' products or ideas, you have to be innovative. Tell me how many innovations in the area of Internet have been made by the people OUTSIDE the US.

[borghead]

Lake, please check your freeper private account, I have a private message for you.

[Lake]

>>This is with purchasing power parity. It means that in China 1 dollar can purchase more than a dollar here in the U.S. The total number of $$ that China economy pumps out is far less than 4.5 trillion. Maybe 40% of that.

That's right. The purchasing power parity can be used to assess the quality of life of the people in different countries, which means the average Chinese can live just as well as those who earn $3600 in the US. However, you can't use purchasing power parity to assess a nation's economic strength.

[borghead]

Well, are you who I think you are?

[Lake]

>>Well, are you who I think you are?

No, I'm not.

[borghead]

Ok, I must be mistaken then. Either way you seem to be supportive of China, unlike most of the posters here.

[Lake]

>>Either way you seem to be supportive of China, unlike most of the posters here

Actually I don't like to take side before examining the facts. For example, many people are questioning the "one-China" policy of the US government, not knowing that the ROC government in Taiwan itself has the "one China" policy that even claims Mongolia as part of ROC's "territory".

[borghead]

My personal belief is that as long as the stability of China is ensured, any type of government is tolerable. As long as China's economy and military becomes increasingly powerful, I don't really care if China is democratic or dictatorial. As for the territories lost hundreds of years ago, off course they must be brought under Chinese control again, that includes Taiwan and Mongolia.