DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - [Serious] When will China exceed the US in aggregate nominal GDP?

**Repwailia** · 11-27-2010, 03:40 AM

Okay so for comparison:

PPP GDP per capita (IMF):
US: 45,900
Japan: 32,500
S. Korea: 27,900
China: 6,700
Taiwan (FYI): 31,700 (nearly up to Japan!)

China is approaching that 7000 mark where 31 of 40 countries had their growth slowed by an average of 2.8 percentage points upon hitting it. If China's current GDP growth per capita is under 9% (accounting for population growth), then, assuming averages play out, you're talking maybe 6% growth looking forward.

BTW I predict South Korea will surpass Japan in per capita GDP by 2016 with 60% confidence.

11-27-2010, 03:40 AM	#11
Repwailia Join Date Oct 2005 Posts 533 Senior Member	Okay so for comparison: PPP GDP per capita (IMF): US: 45,900 Japan: 32,500 S. Korea: 27,900 China: 6,700 Taiwan (FYI): 31,700 (nearly up to Japan!) China is approaching that 7000 mark where 31 of 40 countries had their growth slowed by an average of 2.8 percentage points upon hitting it. If China's current GDP growth per capita is under 9% (accounting for population growth), then, assuming averages play out, you're talking maybe 6% growth looking forward. BTW I predict South Korea will surpass Japan in per capita GDP by 2016 with 60% confidence.
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