reno Posted April 25, 2011 Report Share Posted April 25, 2011 That's according to forecasts from the International Monetary Fund, which has set 2016 as the year when China's economy officially surpasses that of America as the world's largest. To put this into perspective, only 10 years ago the U.S. economy was three times the size of China's, according to Brett Arends at MarketWatch. We knew this was coming, but this is the first time the IMF has put an actual date on it. "Most people aren’t prepared for this," Arends writes. "They aren’t even aware it’s that close Using this yardstick, China's economy is set to zoom from $11.2 trillion this year to $19 trillion in 2016, Arends writes. The U.S. economy will rise as well in that period, but only from $15.2 trillion to $18.8 trillion. And the U.S. portion of the world economy drops to 17.7%, which Arends writes is the lowest in modern times. http://money.msn.com/top-stocks/post.aspx?post=359e72b8-8531-44a9-a190-d1246d5556bd>1=33002 Quote Link to comment Share on other sites More sharing options...
Lkr Posted April 25, 2011 Report Share Posted April 25, 2011 i'm surprised it will take that long lol 2 Quote Link to comment Share on other sites More sharing options...
Jenneral Posted April 25, 2011 Report Share Posted April 25, 2011 i'm surprised it will take that long lolSame. Quote Link to comment Share on other sites More sharing options...
Sun Tzu Posted April 26, 2011 Report Share Posted April 26, 2011 i'm surprised it will take that long lol Yeah, haha seeing as how insane China's population is already and how much it will grow. Quote Link to comment Share on other sites More sharing options...
YugoRocketsFan Posted April 26, 2011 Report Share Posted April 26, 2011 Yeah, haha seeing as how insane China's population is already and how much it will grow. With the one-child policy I don't think the population will grow much. Quote Link to comment Share on other sites More sharing options...
Lkr Posted April 26, 2011 Report Share Posted April 26, 2011 With the one-child policy I don't think the population will grow much.it only affects a non-majority percent of citizens. Quote Link to comment Share on other sites More sharing options...
YugoRocketsFan Posted April 27, 2011 Report Share Posted April 27, 2011 (edited) it only affects a non-majority percent of citizens. True but check this quote out,The policy was introduced in 1978 and initially applied to first-born children in the year of 1979. It was created by the Chinese government to alleviate social, economic, and environmental problems in China,[4] and authorities claim that the policy has prevented between 250 and 300 million births from its implementation until 2000,[2] and 400 million births from 1979 to 2011 400 million births were stopped due to the one-child policy, thats more people in the US bro. Also, check how drastically it has changed china's fertility rates http://www.google.com/publicdata?ds=wb-wdi&met=sp_dyn_tfrt_in&idim=country:CHN&dl=en&hl=en&q=china+fertility+rate Edited April 27, 2011 by Yugopotamia Quote Link to comment Share on other sites More sharing options...
Lkr Posted April 27, 2011 Report Share Posted April 27, 2011 its had an impact of course, but it has probably helped china if nothing else. higher population size doesn't always equate to a better economy. Quote Link to comment Share on other sites More sharing options...
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