Who Really has the Biggest Economy - U.S. or China ?
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Who Really has the Biggest Economy - U.S. or China, CNN, Fareed Zakaria, EDucational, What in the World, News, Report .
Comments
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Mother fucker Fareed Zakaria went to U.S and started sucking up for america
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In GDP, US is No.1. In PPP, China is No.1
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Chinese economy is so big because of its enormous population. But with that overpopulation comes many dangers - pollution; famine; civil unrest. The Chinese economy could do with shrinking down in size - to a more manageable level. Size isn't everything.
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what will happen if U.S. have to earn to spend not just print.
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the united States of America is the biggest world economy and the most important economy of world
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主持人好像营养不良啊。
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Oh, and China doesn't want to be number 1, it wants to be in a league of its own .
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Mr Farid is a soothsayer.I mean he is the guy who butters up the anal dildo, so it would be easier to take it up..
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hahaha
the fact is china can make ships missiles and tank byself, only few military equiments are still buying from russia.
let's do a very very easy math.
99Gtank cost $3millions 96G tank cost 1.5 million vs US M1A2 $8million
JF17 cost $10million J10cost$20million J11cost$25millions vs US F-16cost $60millions
052D cost $1 billion 054A cost $400million vs US Arleigh Burke-class $2billion
chinese military equiment company are own by chinese gotverment, that means they only make military equiments at cost price for chinese troop, and US military equiment companies are own by personal bussinese man, they makes military equiments for US troop for profit, not only that, chinese factory labor much much lower than US's, so china could get really really low price for thire military equiments. -
CNN not report NEWS but stories~ lol
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usa is the biggest ecnomy
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El capitalismo cada vez es mas poderoso en el mundo. Antes solo había una hiper nación capitalista ahora hay dos.
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he shows picture of poor villages and town in China. LOL.. any country has villages like this i mean any. You can find that in USA, i m in usa
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yeah ...just forget about all the private, public debt and external debt US has..and 1% of the elite owning half of US's wealth and make yourselves feel better.
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1, GDP = domestic consumption + Gov consumption + Investment + net export(import). Among the four, three of them are nothing to do with prevailing exchange rate, and the only one related to exchange rate, net export, generally accounts for a very small fraction in GDP.
2, the reason for the difference between one country's GDP in term of PPP and that in term of exchange rate is either that that country don't frequently trade with other countries, or its government manipulate exchange rate. Obviously, China is the most active trader in the world, so the only reason is its currency manipulation, which also means its forex market is controlled. So, prevailing market exchange rate doesn't really exist in China, coz there is no opened up forex market. The current exchange rate is not a market rate, or, if the market is absolutely efficient, GDP in term of PPP and exchange rate would be almost the same.
So, PPP is a better method for comparing GDP related to China, coz China's GDP in term of exchange rate is manipulatively underestimated.
Reason for the underestimation? 1, for stimulating export, and 2, yes, China doesn't want to be under the world spotlight before it gets really fxxking rich. -
Even that China may have a better economy than USA, but USA still has better technologies, medicals than China. But I believe that China will beat up USA oneday
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china overtaking the gross US economy is purely a prestige thing, but when china's economy becomes 20% bigger than the US, then 50% bigger, then Twice the size of the US, THEN you will see big shifts happening.
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China is bigger
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Russia and African nations must hate this news because USA is the greatest and most technologically advance nation on earth!!!
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Typical from the Indian who gets to go to US... they are so used to suck up to their white sahibs...
The rest of the world know that US is no longer number 1.... just check out your supermarkets in your own country.... find any made in USA ????
Zilch !
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