United States to remain sole global economic superpower until 2035, Chinese gov't think tank says

South China Morning Post ^ | 04/30/2019 | Frank Tang

[SeekAndFind]

The United States will remain the world’s only global economic superpower until 2035 even though China’s role in the world economic landscape will become more important, according to Beijing’s latest predictions, in an apparent toning down of the mainland’s public ambitions for its future role in global economy. While the report by the Development Research Centre of the State Council (DRC) does not directly address the rivalry between China and US, it does attempt to project a relatively low profile role for China over the next two decades.

It is often assumed that China will overtake the US as the world’s number one economy, or at least gain the same prestige as a global economic superpower, within the next decade.

Standard Chartered Bank predicted in January that China would overtake the US as the world’s largest economy as soon as 2020.

The latest humbler predictions from the state-owned think tank, a summary of which was published in the official Economic Daily newspaper on Tuesday, came at a time when Beijing’s global push has met growing resistance and its growth prospects have been darkened by rising hostilities with Washington.

According to the DRC report, the US economy will remain dominant until 2035 – the same year singled out by Chinese President Xi Jinping at the 19th National Congress of the Communist Party of China in October 2017 as the year when China would become a “basically modernised country”.

[neverevergiveup]

If Trump is reelected, and set’s a course that results in another Republican President in 2024, the Chinese will never catch the US, and will start declining economically unless they dump their government.

[neverevergiveup]

set’s = sets

[CatOwner]

Not if the DEMs have their way and/or we keep electing more Muslim nutjobs.

[Sacajaweau]

We need "Made In America" to be a call of our future. No reason it can't happen.

And all those unwanted phone calls....should come from a city in the USA....with USA workers.

[RayChuang88]

China has this gigantic 800 pound 'economic' gorilla on their back: the massive costs taking care of a large fraction of 20% of the world's human population as they suffer the effects of serious air and water pollution problems in the country.

[central_va]

We need to bring back our manufacturing base. Our enemies and their greedy globalists middlemen beneficiaries have had it long enough.

[upchuck]

2035 is 16 years from now. I’m sure lots of American Seniors are not worried, figuring they will be gone by then.

[twyn1]

But the world is ending in 12 (or 10??) years ... so who cares?

[SunkenCiv]

http://www.freerepublic.com/focus/bloggers/1311725/posts

http://www.freerepublic.com/focus/bloggers/3694670/posts

http://www.freerepublic.com/focus/chat/3188319/posts?page=62#62