By 2020?
-
PissTrump — 9 years ago(February 16, 2017 11:37 PM)
However with Trump killing the TPP, most of the remaining TPP members (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam) will likely gravitate toward China's RCEP trade pact.
Then once you add in the other likely-to-be RCEP members (Cambodia, Indonesia, Laos, Myanmar, the Philippines, Thailand, India and South Korea), you end up with a trade alliance that comprises over one-third of the world economy. And it will be an alliance in which China wil be the dominant player in setting trade rules. So yeah, China is most definitely on the rise.
It's funny. What was once called "The American Century" really began with its entry into WWI, in 1916. Turns out that American Century very likely will have last for exactly that: 100 years, and not one year longer. -
ConstipatingFool — 9 years ago(February 17, 2017 02:40 AM)
It's funny. What was once called "The American Century" really began with its entry into WWI, in 1916.
What's interesting is Britain became the dominant superpower from 1815 onwards after the defeat of the French. Would be funny if everyone gets 101 years at the top.
Britain 1815-1916
USA 1916-2017
China 2017-2118
Btw, GDP as measured by PPP adjusted, China's already top. But it'll overtake the US for nominal in less than 10 years. -
washclothrepairman — 9 years ago(February 17, 2017 02:49 AM)
Unless and untill China's economy collapses too. We have a destructively symbiotic relationship with China. We need them to buy our debt, and they need us to buy their cheap crap. There's also a chance for a civil war or revolt.
Also, huge portions of China still don't even have electricity. They're going to have a population problem soon. Well, they already do, overpopulation, but they're going to have a different problem. A hugely shrinking population. Because of the one-child policy, many families chose to abort the girls, so there now and in the future won't be enough women to go around. There will be much more men than women. In 60 years when the current young population starts dying, they're going to be in trouble.
Never trust a black man named "Chip." -
The_Herald_Erjen — 9 years ago(February 17, 2017 03:01 AM)
We have a destructively symbiotic relationship with China. We need them to buy our debt, and they need us to buy their cheap crap.
What are you trying to do, give me a massive heart attack? After all this time you finally said something that I can agree with.
"I hear no voice. The dead cannot speak." -
ConstipatingFool — 9 years ago(February 17, 2017 04:26 AM)
Your analysis is terribly uninformed. which shows you have no idea what you're talking about:
We need them to buy our debt, and they need us to buy their cheap crap.
China's been selling US debt since 2015 to offset money being moved off shore by corrupt officials and businessmen. The Yuan has been weakening so much, China's had to sell off it's US assets to counter the fall in the yuan.
BUT the US market is now less and less important to China, because China's spent the last 15 years diversifying its markets, in fact China does more trade with Europe. America dropping out of the TPP means China's moving into take over that market share.
Also, huge portions of China still don't even have electricity.
Wtf are you talking about here? Do you make up facts in your head?
A hugely shrinking population. Because of the one-child policy
The one child policy ended in 2015.
See, China's a well oiled machine running far more efficiently that the US. They make the major changes that need to be made instead of pursuing ridiculous strategies that don't work. -
checkerouterofthings — 9 years ago(February 17, 2017 05:24 AM)
China's been selling US debt since 2015 to offset money being moved off shore by corrupt officials and businessmen. The Yuan has been weakening so much, China's had to sell off it's US assets to counter the fall in the yuan.
China has dumped roughly 3% of their US holdings. Just enough to make Japan our biggest overseas creditor. -
washclothrepairman — 9 years ago(February 17, 2017 07:10 AM)
instead of pursuing ridiculous strategies that don't work.
You mean the supply side economics that Republicans have been pushing for the last few decades?
See, China's a well oiled machine
Yeah not really.
running far more efficiently that the US.
In some ways. In some ways not. They still have a long way to go and there's still plenty of room and time for it to all come crashing down.
Never trust a black man named "Chip." -
ConstipatingFool — 9 years ago(February 16, 2017 10:40 PM)
Let them police the world
Why would they do that? The Chinese are smart. They've spent the last 20 years building business ties while America's been policing the world and antagonizing half the world (stupid strategy) which is why they caught up so fast. -
GoodbyePorkPieHat — 9 years ago(February 17, 2017 02:49 AM)
China's long-term strategy is an economic one, aided by an emphasis on educating the populace. Meanwhile, President Trump wants to pump more $trillions into the Defense Department and hired DeVos as the Secretary Of Education.
So it goes. -
theverynext — 9 years ago(February 16, 2017 10:41 PM)
China probably won't police the world until they been #1 for 20 years, they may only take moral responsibility after being in power for some time, but they may lead combat against global climate change
-
checkerouterofthings — 9 years ago(February 17, 2017 04:02 AM)
Let them police the world while we rebuild our country.
"Police the world" is just a euphemism for "set up military bases in key regions to maintain and build your power structures". It's not something that will ever be rolled back until someone can make us do so by force.
China is of course a threat/rival any way you look at it but as has been mentioned we have a critical symbiotic relationship with them. Them surpassing us in GDP is not a huge issue and doesn't really change anything in and of itself about the balance of world power or the ability of the billionaires at the very top to continue to exhaust world resources for profit. As long as that can continue, and as long as enough Americans fail to wake up, smell the coffee, and begin voting their best interests, it doesn't matter how many of us fall into poverty. The corporate droning war/marketing/banking machine will hum on. -
-
osualdo — 9 years ago(February 17, 2017 01:35 AM)
My grandma was very religious and use to have "visions" of some sort about the world. She said "the yellow race will rule the world one day" - that was some 35 years ago when China was still a global leader by population, but nothing much than that and there is no doubt at this time and era she was just about spot on.
And they deserve it. They work harder than anyone else. Well maybe Japan has more harder workers but they are part of that region/culture as well. -
-
G_W_E_l_J_A_l — 9 years ago(February 17, 2017 04:02 AM)
Sure. All they'd have to do in the next three years is triple the size of their navy, bring their Air Force into the 21st century, sprinkle military bases all over the world, boost their per capita GDP by six, eight hundred percent.
..for starters.
..shouldn't be a problem.
()()()()()()()()()()()()()()()()()