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by varvar 2001 days ago
Ahh, back to the "Chinese economy to overtake US" narrative. I wonder why.

Reports, studies, facts, documentaries the whole circus to be resurrected as well I'm guessing.

1 comments

> I wonder why.

because of the resilience to the pandemic, as the article suggests, but it's just a question of when and not if, it's not really a 'narrative'. In PPP terms it's already the case and for China to have an economy twice as large as the US it needs to be about half as rich per citizen, and there's nothing much in the way of that. China's more prosperous urban regions are already way past that point, so it's just a question of absorbing more people and dispersion.