China has Risen to Number One in Purchasing Power and Wesley Clark Call for a New Long Term China Strategy and a Global Leadership Partnership
The International Monetary Fund reports that in 2014, China, not the United States, has the world’s largest economy. The official point of China passing the US is in October. By the end of 2014, China will make up 16.48% of the world’s purchasing-power adjusted GDP (or $17.632 trillion), and the US will make up just …