In his new book, "The Next Decade," STRATFOR founder George Friedman challenges the widely accepted view of China's continuing economic growth and increasing influence on the world stage.
now china goverment plan is to send half educated people to other country to have better future for them so chinese people is moving out and build mega project in return to live there by work hard
china is allready world largest economy, how economist predict china is the second largest economy? country who already control world economy,every country dependent chinese,, media always hypocrite and hide reality ''American people deserve to hear and understand whats going on around world economicaly''
@DACSHUNDS you sound awfully like Gordon Chang, the guy who's been predicting china to collapse for more than a decade ever since its 2001 inception into the WTO
For much of the last 20 years, economists have forecast the demise of the Chinese economy. It seems to be lost on them that since the global economic crisis of 2008, the Chinese economy has grown a combined 40%. China bears have predicted a Chinese equity market crash every year for the past 20 years and every year they have been wrong. - (Forbes article 12/06)
Predicting the future is never accurate, you can only look back at what has happened.
The world is going be in chaos if China take over the place of USA since china is a selfish country and remember they are communism do you truly think cummines will play the rules right? China has intension to economy over take the world but China has nothing that the USA is.
The chinese have to make sure that the money earned trickles to the people. Because that's how a domestic market develops. Politically it is expedient because they won't be at the mercy of foreigners buying chinese made products. Ultimately this will solve this problem and keep protests muffled if people are content.
@BLUDDYknucklez I don't care if it's large. It's impossible for an economy which relies on bad debts to keep tanking. Only the coast is rich. Chances are that before it beats the US, China will be a flaming wreck.
Forecasting the next 20 years is not so difficult when you have the facts..For example 9 of the 10 most valuable global corporations are American....Look it up...The 21st century will be about automation and innovation and who has the cheap electricity to run our machines... The US has the cheapest electric rates in the world,the future is certain...
now china goverment plan is to send half educated people to other country to have better future for them so chinese people is moving out and build mega project in return to live there by work hard
charles789789 1 month ago
china is allready world largest economy, how economist predict china is the second largest economy? country who already control world economy,every country dependent chinese,, media always hypocrite and hide reality ''American people deserve to hear and understand whats going on around world economicaly''
Strugglle 1 month ago
LOL i heard naysayers like this guy hundreds of times and every time they were proven wrong. I prefer to wait and see for myself.
imjsutthatguy 2 months ago
@DACSHUNDS you sound awfully like Gordon Chang, the guy who's been predicting china to collapse for more than a decade ever since its 2001 inception into the WTO
blueice990 2 months ago
For much of the last 20 years, economists have forecast the demise of the Chinese economy. It seems to be lost on them that since the global economic crisis of 2008, the Chinese economy has grown a combined 40%. China bears have predicted a Chinese equity market crash every year for the past 20 years and every year they have been wrong. - (Forbes article 12/06)
Predicting the future is never accurate, you can only look back at what has happened.
blueice990 2 months ago
The world is going be in chaos if China take over the place of USA since china is a selfish country and remember they are communism do you truly think cummines will play the rules right? China has intension to economy over take the world but China has nothing that the USA is.
Deathdig999 2 months ago
The chinese have to make sure that the money earned trickles to the people. Because that's how a domestic market develops. Politically it is expedient because they won't be at the mercy of foreigners buying chinese made products. Ultimately this will solve this problem and keep protests muffled if people are content.
redwhitedude 3 months ago
@BLUDDYknucklez I don't care if it's large. It's impossible for an economy which relies on bad debts to keep tanking. Only the coast is rich. Chances are that before it beats the US, China will be a flaming wreck.
DACSHUNDS 4 months ago
@DACSHUNDS China isn't rich? It's the 2nd largest economy in the world now. You're still living in the 1950's.
BLUDDYknucklez 4 months ago
Forecasting the next 20 years is not so difficult when you have the facts..For example 9 of the 10 most valuable global corporations are American....Look it up...The 21st century will be about automation and innovation and who has the cheap electricity to run our machines... The US has the cheapest electric rates in the world,the future is certain...
ClarksonsinUSA 5 months ago