Question Details	Asked By	Asked On
China vs. the EU	Ccl471	06/09/05
Around the year 2010 or a little later, China's GDP is projected to exceed that of the U.S. Also, I believe that the EU's GDP will soon surpass that of the U.S. So between China and the EU, which one will lead the world in terms of GDP for the next 15 years? 25 years? 50 years or more? Many thanks, C.L.
Answered By		Answered On
kkemper		07/13/05
I have read those same stats. IT is funny. For China to surpass the US, it would have to have 500x the quality it does now, better human rights laws, and drop Communism. That is not likely to happen. Thus, China will never even get out of the starting gate IF ALL COMPONENTS ARE reviewed accurately. IT can sell $15 B worth of goods but if their real value is much higher than their current sales price, if they are dumping it will bit them in the ass. I claim they will go nowhere fast. ONE cannot hit the neighbor's kid in the head with a ping pong paddle every hour and ask to earn the Nobel Peace prize. Just cause Bushy has offered China favored nation status does not mean they get to keep it. When they do not, they will enter a depression instantly. in my opinion.

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