China To Surpass Us Economy By 2020 According To Economic Experts?
Posted by
China Sourcing Commentator
Nov
11
I don’t know about you guys but I’m moving over to Asia and I’ve noticed in the past few years that many of the surrounding countries around China are prospering as well. With the USAs collapsing economy and it’s inability to control all the illegals coming into the country and the many gangs that’s slowly making every city ghetto. Many foreclosing their homes. Many getting laid off and few jobs opening. Obese people everywhere. No offense.
I got alot of high-paying job offers from $50k-80k for people that can speak english fluently and with other skills too of course, so I think I’m gonna go for it before other people catch on. What do you guys think?
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you can escape the US but you cannot escape the one world order that is coming in…these are the last days…study the bible daniel, revelation . your instinct to get out of here is good but the greatest time of evil and suffering the world has ever known is just around the corner…in the short un china will do well but the remember they killed 60 million people under Moa..there is going to be a huge resource shortage coming soon and China is not so benevolant…you may escape the bear and run into a lion…
If you are mobile,adventurous and have the right skill to take up those high paying jobs why not. However another global economic crisis is most likely to hit the world in about 10 years from now.What kind, nature and type of crisis no body knows. My guess is it may be another one involving banks.
I do not think that China will surpass US economy by 2020. However it may join the US and others as the world’s most developed nations.
That is not correct.
Even with current growth rate, China’s total GDP might match the U.S. in 2037 or so. Since China has a population of 4x of the U.S.’s, per capital GDP will be like 25% of the U.S.’s by then.
Per capital GDP is what matters in the standard of living. China will not be able to catch up the U.S. in that aspect in foreseen future.
As a Chinese saying, dead lama(dead from hunger) would still be bigger than a horse. The U.S. economy might be in trouble atm, there is no way a third world country can surpass it any time soon. Never mind the fact, the U.S. had been in worse situation before and came out stronger.
By the way, I am a Chinese. Although I really hope China can surpass everyone and regain our former glory, I have to see the real facts. After all, we didn’t fall behind overnight…more like during the period of 200 years. It will take at least many decades for us to catch up.