Has China's economy passed the US economy?

A recent survey found that only 1 in 5 Americans said that the US economy is the world's strongest—nearly half picked China instead. Has the United States economy really been passed over by the Chinese? RT's Priya Sridhar is joined by a panel of Washington Examiner Associate Commentary Editor J.P. Freire and Business Insider Joseph Weisenthal to debate America's economic shortcomings.

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• Joseph Weisenthal
• Business Insider
• J.P. Freire
• Washington Examiner
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• super power
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• RT America

[fastkillmmm]

Americans should lose some fat and work harder!!!

[ervin920]

the bias dildo wit the glasses should stfu.

[lamrof]

listen to this idiotic expert saying how the powerful Chinese live lavishly and the peasant are poor. What the fuck does he think is happening right here in the US. Stupid fucker he may be a tea-bagger. Millions of Americans are struggling to make ends meet, to send their kids to school, having no means of access to health care and he talks about wealth discrepancy in China! Amazing.

[ForeverComplaining]

@walle1999 yes but the problem with China is their regime revolves around bullying and torturing its own. Give it a few years and they will crumble, the people are starting to come to their senses and are gradually beginning to stand up to it, not to mention business and enterprise appears to be going else where.

[ForeverComplaining]

China is corrupt, soon they will fall what they are experiencing is a 'great spurt' they will have a heavy economic issue soon. They are only doing well as their regime revolves around bullying.

I would go with the US economy, as it's trustworthy and does not execute its people for opening private enterprise.

[walle1999]

@KittySN Global economy went down the shits in 2007 - 09, china grew by 30% in those 3 years. In the scenario you described of the euro and dollar coming to a total collapse is unlikely, if that were to happen the world economy would falter, china wouldn't suffer as much as rest of the world because they produce alot of what they use.

[walle1999]

@FisherWebsites GDP per USD is not a good way to guage Chinese economy, when taking everything by the dollar, if a hairdresser charges 15 RMB for a haircut in China that gets recored as 2 USD for a similar service you are looking at 15 USD at least where i am living. Thus the difference, by purchasing power parity china is only about 3 trillon smaller than the US but still growing at 8 - 10% per annum. Furthermore, you need to realise RMB is pegged to USD at a lower rate of exchange.

[KittySN]

I feel China may experience high internal strife and possibly a revolution in the decade following the plausible euro and dollar collapse. It's becoming strongly reliant on a global economy, particularly in exports and services. Corporations will falter; millions, if not billions, of jobs will be lost. While the country certainly wishes its advancement, the world's going to hell too fast, and the "fast" is the last thing the Chinese leadership wants. That creates chaos and revolution.

[FisherWebsites]

China's GDP per capita is less than $4,000. That means the Chinese economy produces less than $4,000 per person of products or services a year. Besides China's total GDP being much smaller than the United States', this shows that China's economy is not nearly as powerful as some seem to believe. Its growth is high enough that its total GDP could surpass the U.S. within a generation. But per capita GDP has a much longer way to go.

[blackgold161]

When China invades America I will join them to end our corruption

[moopy239]

@MrKingsubash Not that China's economic growth is itself horrifying, but the growth of a regime that oppresses human rights...that's horrifying

[moopy239]

America's criteria for success has unfortunately become an indulgence in vapid celebrity, unbridled growth of malls and superstores which somehow have become a measure of economic growth, quick fix pleasure seeking and escape. It's heroes are Kim Kardashian and Charlie Sheehan, while the Chinese bow at the feet of Stephen Hawking (whom most American youth have no clue about). The Chinese are where the Americans were 100 years ago...hungry for growth. But all growth has a curve and cycle.