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What if, in the end, China does not overtake the United States?

2023-03-13T19:24:02.591Z


ANALYSIS - The Middle Kingdom, the world's leading economic power… An obsession with the United States. The date of the tipping point is the subject of renewed debate.


By the end of the decade, China will have overtaken the United States.

The GDP of the Middle Kingdom, measured in dollars, should have supplanted that of the United States, making China the world's leading economic power.

For many economists, there is still little, the case was heard.

However, the Covid crisis has changed the trajectory of Chinese growth.

The date when the United States will fall from its pedestal as the world's leading economic power, where it has been installed for more than a century, will certainly be postponed.

The weaknesses that have emerged in the Chinese model are such that some experts even wonder if China will eventually catch up with the United States.

The spectacular Chinese catch-up

In the United States, catching up with China is turning into an obsession among both Republicans and Democrats.

Fear echoes the past.

"I was a student at Yale in the 1970s

," recalls economist Kenneth Rogoff, a professor at Harvard University.

The American Nobel Prize…

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Source: lefigaro

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