Is China now the main stake holder in the world's economy? If not will they soon be?
China-world domination ?
I don't think so. Things here in the USA are getting better I think....or at least less bad. Communist China lies about most everything so I suspect much of their economic news is false.
For example, many people trapped inside communist. mainland China think the Dalai Lama is an evil slave master and a mountain of other such nonsense lol.
Also, China has 4x as many people to feed and horrible environmental problems. Even if their economy as an entire nation someday surpasses the USA their per capita will still be way way lower.
I accept that Communist China lies about everything, but so does every government and seemingly, every government in the world is up to its ears in more debt than can ever be paid off. I just wonder who is holding the tab.
I would not narrow it down so finely to just China. I would say a great deal of financial strength and economic leverage is shifting to the far east, including China, Japan, and Southeast Asia. These countries will be competing against one another without much thought of the backwater military republic struggling to stay solvent to their east.
China is producing more goods than most of the countries. Its position as the factory of the world is undeniable. However, simply having more output of manufactured goods is not enough for being a major stakeholder in the global economy. The Major portion of any developed country’s GDP is coming from services NOT manufactured goods and trends indicate that this shift from manufacturing to service is unlikely to change.
Even maintaining the current rate of growth China will take several decades to match GDP of the USA. I agree with MissingLink that matching per capita will be even a harder goal.
China has horded more Gold than any country in the world for the last 20 years. Most mining companies holdings are owned by the Chinese government. They are trying to create a currency that is completely backed by Gold like the USA was prior to the Federal Reserve Hijacking our money. Yes, the Chinese are now the main stock holders in the world economy.
Thanks very much m peavy ,thats very interesting. I do often wonder why our previous UK Gov sold off third of our gold reserves when at rock bottom prices. Regards C
China’s total gold reserve is currently ranked 5th in the world behind the USA while per capita gold reserve ranking is 28th. The reason China and India are buying gold because both country’s economy has improved significantly in last 20 years.
by ga anderson 9 years ago
OK, Junko, here we go.Why is China's economic growth, and likely supplanting of the U.S. economy as the world's largest a conspiracy?Yes, sometimes forum exchanges do amount to a game, sometimes a relevant one and sometimes a waste of time. But we still have the choice to be players or...
by Allen Donald 4 years ago
I wonder what President Trump's supporters think of him now.1. He's raised tariffs to an unprecedented level (formerly protectionism was something Democrats always wanted) and is damaging average Americans and business with it by raising costs on an assortment of goods and also negating any effect...
by fishskinfreak2008 13 years ago
Web-site/URL: http://www.cbsnews.com/8301-503983_162- … ?tag=stackConsidering the fact that CHINA thinks that they are the giants of the world and can do whatever they want when they want and without consequences, this wouldn't be a shock
by Peter V 10 years ago
What do you think about Socialism? Good or Bad for America?I have my own opinion but what do you think of the current direction America is heading (towards socialism)? Do you think this is very bad and goes against what America was founded on or is this generally a good thing? Please support your...
by TMMason 7 years ago
China is seeking to build a city in the US south of Boise Idaha that would be owned and operated by the chinese Govt under the guiose of a "Company", of course it is the chinese Govts. company. But hey don't worry about that.So tell me now how there is no movement to set up a new world...
by Dennis L. Page 11 years ago
Why aren't governments calling China, Communist China anymore?I know that China is a global force to be reckoned with, but I'm confused at why the world is no longer calling them "Communist China?"
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |