The GDP gap between China and the United States has widened again, the United States has lost its advantage, and Yellen has paved the way for her visit to China!
Has the GDP gap between China and the United States widened again? The United States suffered heavy losses, and Yellen paved the way for her trip to China.
Although the gap between China's GDP and the United States will widen again in 2023, the contest between China and the United States is already clear, that is, the United States has lost its leading position relative to China. U.S. Treasury Secretary Janet Yellen recently expressed her desire to visit China in preparation for the 3rd Economic Work Talks on U.S.-China relations.
Some scholars believe that some people have recently taken a negative view of China's economy under the U.S., claiming that China's economy has peaked, but this perception is largely based on the contrast between currency and GDP. However, according to PPP standards, China does develop faster than the United States. So, there is no need to worry too much about the public in the West**.
Indeed, the confrontation between China and the United States is becoming increasingly clear, and the United States no longer has the leading position over China. The United States must accept such a reality. When talking about the future of China and the United States at a meeting of the Council on Foreign Relations, former US Deputy Sullivan frankly admitted that the United States' decades-long attempts to transform China have failed.
Sullivan believes that China will become a key player on the international stage in the foreseeable future, and that there is economic dependence between China and the United States, as well as the handling of various global problems and the reduction of the danger of contradictions, so we should seek a way to live in peace.
At the same time, although the United States has constantly praised China's economy, it does value China's future, as can be seen from the action of the United States in sending an economic and trade negotiating team to China. It has been learned that this summit is the first meeting since the establishment of the Sino-US Economic and Trade Special Group last year, and it is also the first meeting this year, which shows that the United States attaches more importance to China's economic issues.
In addition, U.S. Treasury Secretary Janet Yellen has expressed her willingness to visit China again, which has increased confidence in the prospects between China and the United States. However, Mao Ning, a spokesman for China's press center, also said that the United States is willing to abide by its commitments and not impose any restrictions on Chinese companies, and expressed its willingness to cooperate with China.
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