https://www.cnbc.com/2024/06/07/china-trade-data-may-2024-exports-imports.html
That's 1% higher than expectations.
The economy of China grew 5.2% in 2023.
It is expected to grow 4.6% in 2024.
4.5% in 2025.
3% in 2026.
3.58% in 2027.
3.38% in 2028.
3.31% in 2029.
3.5% in 2030.
Putting in all those numbers we get:
A total GDP of 22.88 trillion USD by the end of 2030. Far lower than the US is today.
In conclusion:
China will never catch up to the US.
China is going to get stuck at a Chile tier quality of life economy.
USA number 1!
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"Overcapacity"cels (aka ATF/CIA) SEETHING
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Based.
China is still going to lose.
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