China's economy is projected to be bigger than America's by 2032
In the year 2032, President Trump's worst nightmare will come true: China will be better than America.
Well, to be precise, that's the year the Chinese economy is expected to be larger than the American economy for the first time, per a report from the Centre for Economics and Business (CEBR) Research in London. The CEBR also predicts significant economic growth for India over that period; India will have the third-largest economy by 2032, a decade after it replaces China as the world's most populous country.
The question of population is key in thinking about what it means for Beijing to helm a larger economy than Washington. China's population is currently about 1.38 billion, more than four times the United States' 323 million. Even with a larger aggregate economy, per capita income and standard of living in China will remain significantly lower than in the U.S. for some time.
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Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.
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