China's Rise and the Limitations of GDP as a Measure of Power on Nostr: China's Rise: Challenging Perspectives on Economic Growth and Global Power ...
China's Rise: Challenging Perspectives on Economic Growth and Global Power
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#3b1d8a58 ver:0.23
China's economy is not falling behind the US, says Nicholas Lardy. Despite concerns, China's real GDP was 20% higher in 2023 compared to 2019, while the US's was only 8% higher. China's nominal GDP is expected to surpass the US in a decade. However, relying solely on GDP as a measure of power can be misleading, warns Charlie Bradbury. China faces challenges like an ageing population and environmental degradation. A Marxist perspective challenges the view of China's rise, arguing its economy is in decline and facing a crisis. #China #economy #GDP #power...
#newstr #China #Us #Economy #Imperialism #UschinaConflict
https://here.news/story/3b1d8a58?ver=0.23
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#3b1d8a58 ver:0.23
China's economy is not falling behind the US, says Nicholas Lardy. Despite concerns, China's real GDP was 20% higher in 2023 compared to 2019, while the US's was only 8% higher. China's nominal GDP is expected to surpass the US in a decade. However, relying solely on GDP as a measure of power can be misleading, warns Charlie Bradbury. China faces challenges like an ageing population and environmental degradation. A Marxist perspective challenges the view of China's rise, arguing its economy is in decline and facing a crisis. #China #economy #GDP #power...
#newstr #China #Us #Economy #Imperialism #UschinaConflict
https://here.news/story/3b1d8a58?ver=0.23