Posted on 01/19/2021 6:15:14 AM PST by rustyweiss74
A recent report by the Centre for Economics and Business Research (CEBR) indicates China will recover and overtake the U.S. economy sooner than expected following fallout from the pandemic.
According to the report, China is predicted to swap places with the United States by the year 2028 “after weathering the coronavirus pandemic better than the West.”
Bloomberg News reports, “The world’s biggest and second-biggest economies are on course to trade places in dollar terms in 2028, five years earlier than expected a year ago.”
“The COVID-19 pandemic and corresponding economic fallout have certainly tipped this rivalry in China’s favor,” the CEBR maintains regarding the two superpowers.
They also praise China’s “skillful management of the pandemic” in contrast to the West.
(Excerpt) Read more at menrec.com ...
Humblegunner wants to know if you have any more blogger freinds who wish to post at FR. He told me to tell you to invite them over and to give them his warmest regards. /s
Xi and the Wuhan Lab has planned this well.
Just as Democrats, Republicans and China planned.
Perfect timing!! The D.C. Swamp gets richer and well provided for by communist china they and their families while we go hungry and struggle to make ends meet!! NOT EFFIN FAIR!!!! 😡 The final nail..invasion of THOUSANDS upon thousands =MULTIPLE MILLIONS of illegals flooding our nation for as long as the demoHITLERats are in charge! America is done😢😭
They should have a bigger economy. They have a lot of people.
Good, and I hope they choke us to death.
The Chicoms have been lying about their economy for years.
And we don’t?
We all need to focus on buying American Made products, it’s the only way to fight this off - we need to live to fight another day.
Can we maybe keep hold of a little reality here, China is up to it’s eyeballs at this time dealing with the CCP flu. It is utter bullshit that they’ve dealt with it better than America.
Well that is why they let it out in the world.
Of course they’ll recover quickly. The Butchers of Beijing would be glad to get rid of 55 million 85 year olds.That would make another 20 million people available to work 14 hours a day,6 days a week,at 75 cents and hour,making the worthless cr@p that China’s known for.
China has 4X as many people as the USA.
USA productivity is almost 4X higher than China.
USA - GDP Per Capita - $63,000
China - GDP-P-C - $17,000 (in Purchase Parity Dollars)
LMAO!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.