'declining' on which level?
China will surpass USA from a GDP Point of view in 2035.
China surpassed Germany as industry machines export in 2018.
China will surpass USA from a GDP Point of view in 2035.
China surpassed Germany as industry machines export in 2018.
Don't be so sure, this has become much less clear. For example, in this article: "The Centre for Economics and Business Research, which in 2020 predicted that China would overtake the U.S. by 2028, revised the crossover point two years later, to 2036. This month, the British consultancy said it will not happen in the next 15 years."
https://www.newsweek.com/2025/01/31/china-us-compete-biggest...
I'm in germany and i'm pissed. I will not go on holiday in USA and thinking proactivly how to boycot USA.
And i'm not even a company. A company wants stability, predictability and not chaos every 4 years. And this president is in office for only a few month.
Whatever strategy companys currently try to do is either sitting it out or starting to adjust. The adjustments might not just go back when USA is more stable again.
They have been projected to pass the USA in GDP for a long time now. We'll see if it happens. Their demographic trends are not favorable, but the US seems to be testing out how many self-sustained wounds its economy can survive.
https://bigdatachina.csis.org/measurement-muddle-chinas-gdp-...