The overall economic size, measured by the real purchasing power parity (PPP) in currency, indicates that China's GDP around 2016 has already surpassed the United States. Currently, its scale is about 1.2 times that of the US, with a growth rate still over twice as fast. China is the truly largest economy in the world in the real sense.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The overall economic size, measured by the real purchasing power parity (PPP) in currency, indicates that China's GDP around 2016 has already surpassed the United States. Currently, its scale is about 1.2 times that of the US, with a growth rate still over twice as fast. China is the truly largest economy in the world in the real sense.