Minxin Pei on why China will not surpass the United States
economist.com
economist.com
So surpass? Not happening. Scary dangerous anyway? Oh yeah that’s a guarantee.
Until economies GDP is measured the same way, I have no idea how they can be compared.
PS. I would love a website that explains how each of the major economies measures their GDP.
This is for actually building things. On the tertiary side, housing service GDP (ex. rent and inputed rent) has the US report 2-3x more than China despite having 25% the population.
I found it, this right here.
https://www.project-syndicate.org/commentary/coronavirus-dis...
I'm inclined to weight anything Minxin Pei says with a phat zero.
Minxin Pei isn't always someone I agree with (frankly, not remotely so), but he's no slouch on analysis of China policy and the Politburo.
They are on the upswing on all fronts. They also own much of Africa and Afghanistan's natural resources, and as of March of this year, they're done playing diplomatic games with the US, too: https://www.realclearpolitics.com/video/2021/03/19/chinese_o...
[citation needed]
We developed several vaccines and slowly but steadily vaccinated huge amounts of people (we have a bigger population and lower density than to most nations we're compared to here).
We had a few missteps like the mask mandate press and mask efficacy warnings, but otherwise got key medical info and protective equipment out across a large nation rapidly.
We rapidly transitioned to remote work, host most of the requisite infrastructure and are home to most companies that made that possible.
We mobilized early to provide health care, from testing to pop-up hospitals across cities. Sure its sad to think of hospitals being overrun and using hotels, but many nations were left with even less.
Our only big mis-step was the political nature of the virus that we bred.
It's the inability to deal with severe, entrenched corruption that'll do us in, not the pandemic.