The United States or China: Which country is more powerful?
So today, i have decided to look at the two superpowers (The United States and China) and see whether these two countries can be compared, an inherently tricky task — Can it be done? Do you think china is the world’s next great economic power?
CHINA, already the world’s most populous nation — it’s economic rise over the past three decades has been one of the major geopolitical events in recent history; it is now the second-largest economy in terms of nominal — i.e., not adjusted for inflation — gross domestic product and is the world’s largest exporter. Some analysts suggesting that China’s economy will be bigger than the United States’ by the end of 2016.
The United States is still the only global superpower (in the true sense), but it is being challenged by the rising power of China, just as ancient Rome was challenged by Carthage, and Britain was challenged by Germany. This could be the reason why, United States does not officially take sides in disputes between China and Japan OR China and India.
Here is something to think about: After the 2004 Indian Ocean tsunami (killing over 230,000 people in fourteen countries), the fashionable question was why the US did not donate even more and sooner (US donated $350 million), rather than why China did not donate more, despite being geographically much closer (China donated $146 million). Whereas Australia donated $1,322 millions …. Tsunami-hit India donated $183 millions … Japan donated $500 million. Ask yourself???
An extreme contrast = China’s GDP per capita was $9,100, whereas the US boasted a figure of $48,900 – the US has the world’s largest deficit burden, while China has the world’s greatest budget surplus. Can you spot any other interesting patterns?
Do you think it is possible to compare two countries such as China and the US? What measures would you have liked to seen included?
GDP: $7.298 trillion
GDP Growth: 9.2%
Revenue: 1.646 Trillion
Expenditures: 1.729 Trillion
Budget Deficit: -1.1% of GDP
Exports: 1.904 Trillion
Percentage in Poverty: 13.4%
Labor Force: 795.5 Million
GDP: 15.29 Trillion
GDP Growth: 1.7%
Revenue: 2.303 Trillion
Expenditures: 3.599 Trillion
Budget Deficit: -8.6% of GDP
Exports: 1.497 Trillion
Percentage in Poverty: 15.1%
Labor Force: 153 Million
July 2013 (est)|
Total CO2 emissions
from fossil-fuel burning, cement production, and
|2096295 (for China mainland)||1,445,204||2009|
|Military expenditure (% of GDP)||2.6||4.6||2012 (China) 2010 (US)|
|Exports, $ trillion||2.05||1.612||2012 est|
|Market capitalization of listed
companies (% of GDP)
|Olympic gold medals at London 2012||38||46||2012|
|Literacy rate, %||92.2||99||
2007 (China) 2003 (US)|
|Box office revenues, $billion||2.7||10.8||2012|
|Internet users (per 100 people)||38.3||77.9||2011|
|Top global brand, brand value 2013, $m||China Mobile – 55,368||Apple – 185071|
|Unemployment rate, %||6.4||8.2||2012 est|
|Facebook penetration, %||0.04||50.93||As at 06/06/2013|
|GDP per capita, $||9100||49800||2012 est|
|Current account balance, $ billion||213.8||-487.2||2012 est|
|GDP growth||7.8||2.2||2012 est|
|Exposure to particulate matter with an
aerodynamic diameter of 10 μm or less (PM10) in urban areas, mg/m3
|98||18||2008 (US), 2009 (China)|
|Share of total renewables in total
supply energy supply, %
|Urban population, % of total population||47||82||2010|
|Average annual household income||10220||84300|
|Improved water, %||100||77||2002|
|Improved sanitation, %||100||44||2002|
|Diarrhoea deaths per year||–||95600||2002|
|Diarrhoea DALYs /1000 capita per year||0.2||3||2002|
|Population using solid fuel (%)||<5||80||2002|
|Indoor air pollution deaths per year||–||380700||2002|
|Indoor air pollution DALYs/1000 capita
|Annual PM10 [mg/m3]||24||80||
|Urban population (%)||72||37||2002|
|Outdoor air pollution deaths per year||41200||275600||2002|
|Outdoor air pollution DALYs /1000 capita per year||0.8||1.4||2002|
|Life expectancy at birth, males||72.96||76.19||2013 (est)|
|Life expectancy at birth, females||77.27||81.17||2013 (est)|
This is by no means the definitive guide. However, I would love it if you could give your opinion in the comment box below.