Re:China to Overtake U.S. Economy by 2032
by tanilama on Tuesday December 26, 2017 @12:26AM
(#16007254)
They did overtake U.S in terms of GDP per capita by 1995, with a margin of 60%. China doesn't have to do this, they only need the GDP per capita to be 1/3 of that of US, they can surpass US in terms of nominal GDP.
China has many of the same problems with country supported banks, bad loans to prop up the economy, etc.