That's what I mean by the problem with extrapolation. There is absolutely no reason to think that they will continue growing at the same rate. The likely scenario based on all the historical evidence we have is that they won't.
Their GDP growth rate has been declining since 2010, there's no reason to assume that they'll be able to stop it. The most likely scenario is that it flattens out to a more reasonable rate.
Also this is the state reported GDP, which no one believes is accurate. And this is without taking into account China's demographic problems and potential hidden debt issues.
And even if China's economy does overtake the US, it took decades and a World War for the US to eclipse the rest of the world politically and militarily after it's economy became the largest.
That's what I mean by the problem with extrapolation. There is absolutely no reason to think that they will continue growing at the same rate. The likely scenario based on all the historical evidence we have is that they won't.
Their GDP growth rate has been declining since 2010, there's no reason to assume that they'll be able to stop it. The most likely scenario is that it flattens out to a more reasonable rate.
Also this is the state reported GDP, which no one believes is accurate. And this is without taking into account China's demographic problems and potential hidden debt issues.
And even if China's economy does overtake the US, it took decades and a World War for the US to eclipse the rest of the world politically and militarily after it's economy became the largest.