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.
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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
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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
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Wali on Pakistan of future
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Pakistani culture through 6-D Model
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How we messed up Pakistan: A series by Wali
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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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