Global GDP data released, Japan questioned: China will never catch up with the United States?
World GDP data is out!Japan: China will never catch up with the United States!Is this true?
World GDP data came out some time ago!In first place is the United States, which grew by 2 percent in 2022, according to official data released by the United States1%, and the total annual GDP reached 25$5 trillion.
American this"World Money Printing Machine"You must know that the U.S. economy in 2022 is indeed very average, and even some U.S. institutions will decline in 2022, but what I didn't expect is that the U.S. authorities have harvested the world by constantly printing money and successfully pulled the U.S. economy.
In the case of Russia, in 2022 Russia's GDP will fall to only 258 trillion US dollars, a year-on-year contraction of 21%。The decline in Russia's GDP is not surprising, the situation is there, Western countries are imposing economic sanctions, and they have to deal with the Ukrainian side, and the economy is really difficult to calm down. And even more so, being able to make such a collapse is in fact proof that Russia is very good.
Looking at Ukraine again, according to the data released by the Ukrainian side, Ukraine's GDP will fall by 30 in 20224%。I checked, Ukraine's GDP in 2021 is about more than 200 billion US dollars, and a 30% decline means that Ukraine's GDP is only more than 160 billion US dollars, which is still a relatively large loss, especially now that we have to face Russia, the pressure can be imagined.
Back to us, what will be China's GDP in 2022?According to data released by the National Bureau of Statistics on February 28, China's GDP will reach 1210207 billion yuan in 2022, equivalent to about 18 trillion US dollars, making it the world's second largest GDP country after the United States.
Most notably, while the rankings of China and the United States have not changed, the gap between China's GDP and that of the United States is actually widening by comparison. Specifically, in 2000, the annual GDP gap between China and the United States was 904 trillion US dollars, China's GDP is only 118%。After more than two decades of development, the GDP gap between China and the United States has gradually narrowed, and by 2021, the GDP gap between China and the United States has narrowed to 52 trillion dollars, China's GDP reaches 77% of that of the United States.
However, in 2022, the GDP gap between China and the United States has widened again, and the United States is 255 trillion US dollars, China is 18 trillion US dollars, a difference of 7$5 trillion is equivalent to a direct regression of 5 years. It is worth mentioning that with the widening gap between China's GDP and the United States, some foreign countries seem to have found an excuse to attack our country and began to praise our economy. For example, a Japanese think tank said some time ago that as the gap between China's GDP and the United States widens, China will never be able to catch up with the United States
Is this true?The answer is clearly no!Japanese think tank"China will never be able to catch up with the United States"The assertion is obviously too one-sided. Some economic experts believe that the gap between China's GDP and the United States will widen in 2022 mainly due to special circumstances.
On the one hand, the epidemic problem in 2022 is indeed more serious, and in order to fight the epidemic, we have spent a lot of time and energy, and the economic growth rate will naturally slow down accordingly.
On the other hand, there are differences between China and the United States when calculating GDP, and the GDP of the United States is mainly calculated"Expenditures"In 2022, in order to save the US economy, the US will continue to print money and send money, which will inevitably increase the proportion of spending, and naturally the total GDP of the United States will also increase.
When calculating GDP in China, it mainly uses:"Production method", that is, how much GDP I produce, how much GDP is counted, but in 2022, affected by the epidemic, a lot of production was actually forced to stop, and naturally, China's total GDP also declined.
If it is a normal period, the results obtained by these two different calculation methods will not be very different, but in some special periods, the results will indeed be very different. Some economic experts believe that the total GDP of China and the United States in 2022 does not have much reference value, and the real reference value of the figures should come out in the two years of 2023-2024.
Finally, for those Japanese think tanks who shout swearing, what I want to say is: Japan is completely useless to catch up with and surpass the United States economically, and it has completely become a vassal of the United States, but China is different, whether it is talent or resources, we have much more than Japan, and what Japan cannot do, we may not be able to do. So, don't think that just because other countries don't succeed in challenging the United States, they will also fail, that will only make people laugh!What do you think?