China Expected To Pass The United States As The World's Top Economy By 2024 - See more at: http://ww

[grahamhgreen]

China’s consumer spending is expected to triple over the next decade from $3.5 to $10.5 trillion. Currently, China holds about 12% of the world’s GDP. If the country’s economy grows as expected, they will hold roughly 20% of the world’s GDP in 2024.

The United States economy is predicted to grow significantly over the next decade as well, but not fast enough to keep pace with China’s predicted boom. The United States current nominal GDP of $17 trillion is expected to grow to $27.32 trillion by 2024, which is a growth rate of about $1 trillion annually. China’s predicted increase from $10 to $28.25 trillion nominal GDP over the same time equals a growth rate of $1.8 trillion annually.
- See more at: http://www.opposingviews.com/i/politics/china-expected-pass-united-states-worlds-top-economy-2024#sthash.oVZ2GOsx.dpuf

Costly trade agreements.

[yeoman6987]

1. That may happen

But China still has a ton of problems they still need to fix.

[grahamhgreen]

2. So do we..... BEFORE we ship them more of our jobs:) And we needn't discuss when

they will surpass the US military after we bankrupt our country with perpetual war.