Does it Matter Whether China’s Economy is Number One?

bfsuleo

A report by International Comparison Program shows that China’s economy could replace the American economy as the world’s top economy by the end of 2014 (in terms of purchasing power parity). Although economists and commentators have long anticipated that China someday will surpass the U.S. as the top economy, this new finding has still generated lots of headlines and debates.

Does it Matter Whether China’s Economy is Number One?

rkn

I thought China became the world's no.1 economy by ppp somewhere Sep 2014 or I am the one living in a different world.

youknowhat

enough to feed enough thing to do is good nuff just let somebody else a chance (i kno my logic is not there but the reasonin is here)  

mixamixa

PPP GDP is irrelevant. The biggest economic region by GDP is European Union 18,5 trillion USD, second USA 17,5 trillion USD and China is distant third 10,3 trillion USA. China is even further if we look at GDP per capita. It takes seven Chinese to create same amount of value as one Finn.