China overtakes US as world’s richest nation as global wealth surges

And the point is to figure out how to work with them rather than want to fight them. Of course, Taiwan remains the key issue...

it is a rather complex problem.

But what we know is that the earth is too small;
it can't hold 6 billion people.
 
The Chinese Communist Party has raised China to its current economic level.

I'm pretty sure that if I was head of the CCP and me and my pals had 1.4 billion slaves who could be ordered to do whatever we decided was best, we'd have a pretty rich country in the end.

But is this the end?
 
Before JSOP and Co. decide to come in and rant about this news, I would like to simply state that what China has accomplished in less than 30 years is an incredible achievement in the history of humanity.
The article also brings up an interesting point that, interventionist system or not, 2/3 of both countries wealth is owned by 10% of the population, a rather depressing reality. While I don't have the data, I suspect that is the case for all countries in the world, give or take a couple %. While I don't believe it's the case in China, the difference is that in some countries, the 10%ers are anointed while in others they're the result of achievement, and that's not a trivial difference. But, that dictatorship or democracy leads to the same result is disturbing because in some way it means that conflicts and wars are fought to determine the fate of 10% of the world’s population while the remaining 90% is the means for the 10% to be where they are, yet the 90% are also the victims and fighting fodder of those conflicts and wars. (On the subjet I recommend the Netflix series from Brazil called "3%")
That China surpasses the US as the world's wealthiest nation shouldn't surprise anyone. With 4x the US population they were going to sooner or later. Anyone familiar with Chinese mentality and work ethics would have seen this one coming 20 years ago when the country opened up.
Some see this as a threat, as if the US was meant to always be the richest nation. It shouldn't be, and those contemplating going to war over this (the fringe right of Bannon and Co.) are mad, or heavily invested in the military industrial complex.
Reality is that China is going to assert itself and not feel bound by international laws anymore than the US does. See China's swift action on Hong Kong.
Will Taiwan be next? And if China invades, what will the rest of the world do?

Not going to bother at first but since @VicBee so enthusiastically invited me, I will chide in. It's obvious that I am not the only one who feels China's accumulated wealth is neither sustainable nor justified. Yes Chinese people have worked hard but some of the wealth was also accumulated through unfair trade policies unilaterally favouring China violating WTO trade agreements and other not so honourable practices in addition to using a currency whose value is not determined by free-market forces and is instead artificially suppressed to a lower value than the currency of its trading partners.

So no matter how much China feels it's earned its wealth all by itself, the bottom line is it's the rest of the world especially the western world (the part of the world that Xi wants to have broken heads and bloodshed) that's been feeding China by buying China's stuff. If the entire world decides to decouple from China and doesn't buy one drop of China's exports, no matter how hard China works, it's not going to earn one cent, one pence, one euro, one yen, one rand, one rupee, one anything. This is what China seems to forget when it thinks it's earned its wealth all by itself and that's the problem.

The world has never wanted to fight against China as opposed to what is thought by many in China in their misguided and paranoid "nationalism"; it's actually trusted China, trusted China's "peace-loving" rhetoric and freely traded with China for the last thirty years and didn't even want to compete with China. It's actually China's own paranoid "nationalism" which gave rise to its muscle-flexing that's now put the whole world on guard. Now it's going to compete with China. China wants to bite the hand that's been feeding it? Well, no more feeding then...
 
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@JSOP, accept this simple fact: China has its own interests, and it defends them, much like the US of Arseica is doing all the time. Do you remember when US of Arseica says "The action of country X is violating US interests. We can't allow this" ? :)

Btw, US of Arseica... Cool name for this dying empire of lies!... :)
 
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I'm just amazed at how unable your are to project outside the limited blinders you've set for yourself JSOP. Debunking your points is like shooting fish in a barrel it's so easy, because nothing you say makes sense.

I just like to use you because it's so easy to get you going. I promise, I won't do it again.

Don't underestimate the Chinese people who are not shy of voicing their frustration with their government; they do it all the time.

My belief with regards to Taiwan is this:

Xi is only as powerful as the CCP let's him be. If he pushes hard for a Taiwan invasion to make his mark on history, they will weigh the benefit/consequences and, like all conservative organizations, they will opt for a more conciliatory path by removing him from his pulpit, by force if necessary. The risk to the CCP's power and survival on the mainland would be too high should China find itself at war not only with Chinese Taipei, but most of the nation's around China and the world. Their survival is more important than Taiwan today.
However, for this diplomacy to work western nations have to be unequivocal about the consequences of an invasion, and China needs to know with certainty.
 
Correction: The western world for a large part has raised China to its current economic level.
Of course Chona took western money to manufacture and supply stuff. But without the CCP's policy decisions on international trade and internal infrastructure development 40 years ago, China would not be where it is today.

As a guide, for 30 years from 1949 when the party came to power, China was making undramatic economic progress and had little trade with the west. Of course all through this time the western world was becoming incredibly wealthy and making huge advances in areas of health and human development. There was no decision in the west in 1978 to change dealings with China to China's economic benefit, it was a CCP decision on their own country's economy.
 
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