[cstejerean]

China’s economy is definitely doing well, about the only major economy that actually grew in 2020 while everyone else shrank. So economically they definitely came out on top from this pandemic.

China is now forecasted to outpace US economy by 2028, 5 years earlier than previous forecasts, due to changes this past year.

https://www.bbc.com/news/world-asia-china-55454146

[underseacables]

As far as you know. News about China and it’s economy must be taken with a grain of salt because it comes from the government which is notoriously unreliable.

[snoshy]

No, as far as the CEBR knows. It's not a Chinese forecast, it's a UK forecast.

[xbmcuser]

China in the last 20-30 years has taken 700+ million people out of poverty so they must have done something right. As someone that is not Chinese nor from a western country apart from filtering news from Chinese media I also filter stuff from the western media as it is not any better. Chinese media is censored and manipulated by threats western media is censored and manipulated by money and self interest.

[ketzo]

To place Chinese state media on the same level of censorship as independent western media seems... disingenuous at best.

[xbmcuser]

Western media being independent is a myth has been for the last 20-30 years specially when it comes to foreign relations. Most of the independent western media is sidelined which results in little or no spread of real news most of it is just propaganda of different political and financial interests. Go thorough this website is shows how much misinfo is spread by corporate media and different countries. But no main stream media picks up the stories or talk about it. https://www.disinfo.eu/

[blackrock]

It looks like you fell for the brainwash.

There is no such thing as independent western media.

Western media censors by omission. And when they report on China, they only report on news that casts China negatively, in order to make the western world appear morally superior.

[gruez]

>China in the last 20-30 years has taken 700+ million people out of poverty so they must have done something right.

Their neighbors (taiwan, japan, korea) were lifted out of poverty even sooner, so I'm not sure whether this is indicative of anything. Your whole analogy reminds me of the how in a bull market it's pretty easy for any trader to make money, even though they might perform worse than an index fund or a monkey and a dartboard.

[refurb]

Why are we talking about “media” here? These are government reports of growth.

If you would put the same trust in economic stats reported by China vs Western gov’ts...well.

[underseacables]

You’ve made this same comment before in other posts and comments about China, but there’s absolutely zero proof to back up your claim. If it comes from Chinese state media, it absolutely cannot be trusted, and since there is no way to independently verify it, we cannot assume that it is correct. Not even in the general direction of being correct.

[pjdemers]

>> China is now forecasted to outpace US economy by 2028

In total size. China's GDP per person won't reach the US until 2060, at the earliest.

[ErikVandeWater]

Do not conflate growth with the quality of an economy.

[AWildC182]

So? Even if bad metrics push the inevitable a few years down the road it's still inevitable. China will become the dominant world power some time in the next decade or so and there's not a whole lot we can do about it.

[markdown]

Biggest economy =/= dominant world power.

[my_usernam3]

What do you believe defines dominant world power?

In my uneducated opinion, theres lots of factors. However, economy/wealth is by and far the largest one, because almost everything else seems to have a price tag.

[AWildC182]

And even if they weren't more out less directly equitable, how long would it take for one to pull up the other.

China has 4x the population the US does. The US won the cold war because it had a larger economy, partly because it had a larger population. That's not how any future conflict is going to shake out

[fabianhjr]

Nor a GDP statistic with the productive forces of countries.

https://www.wikiwand.com/en/Productive_forces

[rasz]

The decision to lockdown Wuhan internally, while at the same time allow international flights was a spark of brilliance. Why should we suffer alone, lets spread the love!

[0xB31B1B]

LOOOL

“In other predictions the post brexit UK economy will grow at %4/year”