gdp

agingChina Will Still Do Whatever It Takes to Catch Up

Senior Scientist at the University of Wisconsin-Madison, Yi Fuxian makes the case that China’s nominal GDP will peak at 84% of the US GDP in 2033. He is the author of Big Country with an Empty Nest and claims that …

chinaChina Needs Revamped Policy and a New Wave of Technology and Development

A Brookings research paper calculates that from 2008 to 2016, China has been overstating its GDP growth by about 1.7% per year. This would mean that China is now overstating its GDP by 20%. The investment and savings rate in …

chinaChina’s Provincial GDP for 2018

China’s National Bureau of Statistics has released GDP for each province for 2018. The provinces that are as rich as Guangdong and above the World Bank per capita $12,055 GNI per capita level to count as high income. The World …

economic impactUS 2019 GDP Growth Forecasted To Be Over 3.0%

Kevin Hassett, chairman of the president’s Council of Economic Advisers, forecasts US GDP growth will be over 3% in 2019. Hassett predicted 3.1 percent GDP growth for 2018. This would be correct if the fourth-quarter numbers come in as expected …

asiaWorld GDP Forecasts for 2030

Standard Chartered forecasts the top 10 countries in the world by purchasing power parity GDP in 2030. 1. China: $64.2 trillion 2. India: $46.3 trillion 3. US: $31 trillion 4. Indonesia: $10.1 trillion 5. Turkey: $9.1 trillion 6. Brazil: $8.6 …

chinaFuture Trade War Balance of Power From Now to 2055

The Trade Wars have revealed that true power is consumer market spending power and having control of key production and production inputs. Economic power is consumer market power and lack of production supply chain weaknesses. Trade War Reveals Production Dependence …

chinaPeter Zeihan Makes Bad Predictions With Bad Premises

Peter Zeihan is a geopolitical strategist who specializes in global energy, demographics and security. He has been quoted in national and international media on a variety of geopolitical topics. He makes a prediction in the video below about the breakup …

economic impactBrexit getting closer

Brexit is currently scheduled to end its transition period in December 2020. Brexit is the British exit from the European Union. Theresa May’s cabinet meets later on Wednesday to approve or reject the text of a draft withdrawal agreement drawn …

asiaAsia will be over half of the world economy in 2028

Asia is about 60% of the world’s population. There are about 7.7 billion people in the world and 4.6 billion are in Asia. In 2030, the world will have about 8.56 billion and Asia will have nearly 5 billion people. …

economic impactUS Third Quarter GDP grew 3.5% to $20.66 trillion

Real gross domestic product (GDP) increased 3.5 percent in the third quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter of 2018, real GDP increased 4.2 percent. The Bureau emphasized …