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by zepto 1601 days ago
> There’s a reasonable chance it exceeds USA in nominal GDP it if it grows at 5+% till 2030.

The US GDP grew 5.7% last year.

> China is already the worlds largest consumer market.

No it isn’t.

1 comments

>The US GDP grew 5.7% last year.

To be fair that's only because it bounced back from the covid impacts in the previous year.It had been hovering around the 2.5% mark for the previous decade.

On the other hand no economist believes the figures that come out of China, they are far too consistent.