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

In 2014, China took the edge over the US in foreign direct investment (FDI), a feat that no country has been able to achieve since the US took hold in 2003. – WSJ

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, above, by The Economist London.

Subscribe to our YouTube channel: Wali Zahid

world's biggest public companies 2016

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:

1 ICBC
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

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

3 of top 4 Fortune-500 firms are now Chinese

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.

1 Walmart

2 State Grid

3 China National Petroleum

4 Sinopec Group

china-gdp-1980-2020

23 October 2016: China’s GDP, GDP PPP, GDP growth 1980-2020. Source: Knoema

The world we live in:

What the world will be like in year 2100

In a few years, people may live up to 100 years

The world’s most spoken languages

Pakistan is now world’s 40th largest economy

Pakistan 6th most populous country now and in 2050

how-china-overtakes-the-us-economy

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

How future oriented are we?

How we messed up Pakistan: A series by Wali

Pakistan’s two value crimes no one talks about

Is Whatsapp your source of info? Welcome to Project Ignorance

Also: When Chinese Leadership style meets Pakistani: Wali’s Talk PPt for China Mobile/ Zong strategy team

the-worlds-largest-employers

The world’s 10 largest employers 2016. Which country tops the list?