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Is China Already "The World's Largest Economy"?

2021-11-02T18:27:09.620Z


VERIFICATION - This is the case in "purchasing power parity", said former Prime Minister Jean-Pierre Raffarin. Where is Beijing in its economic duel with the United States?


THE QUESTION

.

The United States is generally considered to remain the world's leading economic power, but at the same time China is slowly catching up with them.

And yet, a former French prime minister, who defines himself as "

a friend of the Chinese

", recently spoke of the People's Republic as "

the world's leading economy in purchasing power parity

".

Read also Army, economy, space, demography ... United States or China, who leads the game?

It is true that Beijing is in the process of isolation, but when it is the world's leading economy in purchasing power parity today, it is still relative isolation.

And therefore, there are power effects that are exerted today, in particular in the balance of power between the United States and China

, Jean-Pierre Raffarin said on RTL.

In fact, it's the race for world leadership, it's what's called Thucydides' trap, it's number one seeing number two coming and not accepting it, and that's the number two which would be seen well in the place of the number one

”.

What is it?

Beijing

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Source: lefigaro

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