BloomberPower and weak growth, China is likely to never surpass the United States and become the world's largest economy.
According to Bloomberg, Bloomberg economist wrote in a research report on Tuesday (September 5): "China is turning to a slower growth path at a faster speed than we expect."They believe that the economic rebound after the Chinese epidemic has lost power, the real estate market has become increasingly sluggish, and the confidence of the government's management of the Chinese government's management of the economy has gradually weakened.
They believe: "(For the Chinese economy) confidence may become ingrained, which can cause long -term drag on growth potential."
Drag, China ’s economic growth rate was 3%last year, which is one of the slowest growth rates in decades.After China ’s strict control of epidemic control, the problems such as declining childization, exports, weak demand, and further decline in the real estate market have caused China's economic recovery to lose power.
In contrast, the economic situation in the United States seems to be better than the expectations of many economists.The strong employment market, consumer expenditure, and continuous slowing inflation have enhanced the confidence in the United States that the United States is currently capable of avoiding economic recession.
Bloomberg economists predict that China's economic growth will slow to 3.5%in 2030, and by 2050 to nearly 1%, lower than the previous forecast 4.3%and 1.6%;Economists predict that the potential economic growth rate of the United States from 2022 to 2023 is 1.7%, and longer forecasts show that the US economic growth rate will gradually fall to 1.5%by 2050.
Bloomberg previously predicted that China's GDP (GDP) will not surpass the United States until the mid -1940s.Even if it exceeds the United States, the gap between leading will be small.
Reported that at the time of the prediction of the above forecast, other countries in the world are re -considered how to cooperate with China. Even if China has not fallen into weakness, it is likely to be close to the peak of strength.The Seventh Kingdom Group headed by the United States has recently paid more and more attention to China's deep -level structural issues. They have seen the opportunity that is conducive to competition between Western countries and this geopolitical opponent.reaction.