China’s GDP in 2021 was 114 trillion yuan and in 2022 the yuan has weakened against the US dollar.
China’s nominal GDP is now 16.0 trillion instead of 17.7 trillion last year.
It was 115 yen to 1 US dollar at the end of 2021. It is now 144 yen to 1 US dollar. Japan’s nominal GDP was $5.5 trillion but it is now $4.4 trillion.
The dollar has strengthened 15% against the Euro and 17% against the british pound.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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