Reply to In 2020 there are more billionaires in Asia (799) than in North & South America (734) combined

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[quote=Anonymous][quote=Anonymous]Apparently the IMF confirms that China now has the world's largest economy by one sixth under purchasing power parity.

https://nationalinterest.org/feature/china-now-world%E2%80%99s-largest-economy-we-shouldn%E2%80%99t-be-shocked-170719

"Measured by the more refined yardstick that both the IMF and CIA now judge to be the single best metric for comparing national economies, the IMF Report shows that China’s economy is one-sixth larger than America’s ($24.2 trillion versus the U.S.’s $20.8 trillion)."

-- Graham T. Allison is the Douglas Dillon Professor of Government at the Harvard Kennedy School. He is the former director of Harvard’s Belfer Center and the author of Destined for War: Can America and China Escape Thucydides’s Trap?[/quote]

JOHN HAWKSWORTH & DANNY CHAN 2015 projection
[img]https://www.researchgate.net/profile/John_Hawksworth/publication/283302390/figure/fig5/AS:670003678429214@1536752733883/Projected-GDP-growth-paths-of-China-and-the-US.png[/img][/quote]

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