China Surpasses U.S. as World's #1 Economic Power

Jump to Last Post 1-2 of 2 discussions (5 posts)
  1. GA Anderson profile image90
    GA Andersonposted 4 years ago

    Thanks again to rHamsom for providing the seed for another forum thread.

    Economists are predicting that in 2014 China will surpass the U.S. as the world's #1 largest economy. Now, they are not saying #1 economic power - does that make a difference?

    China's past and current economic GDP growth puts America to shame - 7. something %, (China), to 1 or 2%, (U.S.).

    But what does this mean? Just that China's economy is larger than the U.S.'s? Or does it mean China has more clout n the rest of the world?

    Since actual economic efforts are measurable, other than than a "bragging rights" issue, what should be our concerns that China will soon be the world's largest economy?


    1. AshtonFirefly profile image76
      AshtonFireflyposted 4 years agoin reply to this

      My concern is that China will take over the whole world and I have no clue nor have the patience to learn how to speak Chinese.
      Just kidding.
      What would really be all that bad about China being the world's largest economy? Sorry but I am highly uneducated in economics. Is it the impact on jobs, an ego buster for the U.S., or...?

    2. profile image0
      Old Poolmanposted 4 years agoin reply to this

      China's rise to economic power should really not come as any surprise to anyone.  We basically handed them this trophy with the anti-business attitude that has evolved in this country.
      Government regulations have made US soil a very unfriendly place to start and operate any large manufacturing business.  The labor unions make it even worse with their demands for  high wages and outrageous benefits packages.
      It would seem many in this country just don't understand that any product must sell for at least slightly more that it costs to produce if the company is to survive.
      But that is called "profit" and we all know how evil and unfair making a profit is these days.
      We polished our economic excellence trophy and handed it to China to eliminate the greed that so many hate.  Soon we will all be poor and dependent on our government for survival and will live happily ever after.

    3. rhamson profile image77
      rhamsonposted 4 years agoin reply to this

      Business sense tells me to exploit it. How can that become a strength for the US is the question. Should companies such as Amazon sell the crap out of what China manufacturers. The US is going towards service oriented business' such as medical and banking. If someone can figure how to combine the two they will have found El Dorado.

  2. GA Anderson profile image90
    GA Andersonposted 4 years ago

    I have to pay more attention. I started another China#1 thread because I forgot about this one. Sorry folks. I will sit in the time-out chair later.

    As for the question... I am still pondering the possible negatives to losing the #1 spot.

    Other than the years old Taiwan dispute - China does not seem to have any obvious imperialistic or colonization ambitions. So, I don't see their soon-to-be-acquired #1 status to be a threat in those areas.

    As their GDP grows, so does their citizen's Per Capita Income Is there a danger as China's citizen's escape their previous impoverished existence? Could this lead to more consumer demand for imported products, thus a boon to exporting nations - of which we are one? Could this possible enhanced "buying power" make China more influential on the world stage?

    Just would change if the world's largest economy was China's?



This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, 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:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis 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 ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis 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 LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis 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 YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis 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 LoginYou 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)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe 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 PixelsWe 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.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore 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 PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)