How China overtakes the US economy
The United States has had the world’s biggest economy for 140 years, but the IMF now ranks China as the world’s largest economy according to GDP per capita.
SCMP, a Chinese newspaper, examined the differences between the two economies in this Infographic (size: 1MB) by Dennis Wong.
Source: Dennis Wong in South China Morning Post
Have you seen CPEC stories on this blog?
CPEC fact sheet: 2013-2017
16 CPEC projects in Balochistan, 8 in KPK: Chinese Embassy
Chinese Embassy shares progress on CPEC projects
3 false reports about CPEC in one day far too many?
40 CPEC projects in 4 photos & 60 seconds
CPEC projects being completed at fast pace
CPEC gets 4-layer security as Gwadar to be weapon-free
VIDEO: An economic history of the world in 1 minute
And this rise is not new. China is only retaking its long-held economic superpower position over centuries. Check this one-minute video by The Economist London.
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One recent indicator of the above: According to the Forbes 2016 ranking of world’s biggest public companies, four of world’s six biggest public companies are Chinese:
2 China Construction Bank
3 Agricultural Bank of China
6 Bank of China
More on China’s economic & military rise & Xi Jinping:
China’s world-reshaping $225B One Belt, One Road (OBOR)
With a parade, China announces itself as the next superpower: TIME
Xi Jinping: most powerful Chinese leader since Mao
The World Bank, meet your challenger: China-led AIIB
BRICS New Development Bank to increase lending to $2.5B next year
How China is viewed by Pakistan & the world
Africa: Nigeria largest economy, China largest single trading partner
China’s GDP growth 1980-2015. Source: BBC
More on China’s internal cleaning:
Chinese General, 74, sentenced to life for corruption
China’s Communist Party bans adultery for members
10 trucks of corruption money, loot of a Chinese general
China bans actors for using drugs, prostitutes
Life in prison for corruption for China’s most powerful security chief
6 September: The new Fortune Global 500 is out. It shows a shift in the world’s business landscape. Three of top 4 Fortune-500 firms are now Chinese.
2 State Grid
3 China National Petroleum
4 Sinopec Group
23 October 2016: China’s GDP, GDP PPP, GDP growth 1980-2020. Source: Knoema
The world we live in:
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The world’s most spoken languages
Pakistan is now world’s 40th largest economy
Pakistan 6th most populous country now and in 2050
18 October 2016: In GDP based on PPP valuation, China is now $2.7 trillion ahead of USA. Source: Knoema
Understanding Pakistan Series by Wali
What to expect in Pakistan in 2017
Back to the future: Pakistan in 2050
Wali on Pakistan of future
Long Term Orientation in Pakistan: from Zero to 50 in 2 years
Pakistani culture through 6-D Model
Native languages in Pakistan
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How we messed up Pakistan: A series by Wali
Pakistan’s two value crimes no one talks about
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Also: When Chinese Leadership style meets Pakistani: Wali’s Talk PPt for China Mobile/ Zong strategy team
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