Many economists believe that China could replace the United States' position in the global economy in the future. Do you agree or disagree with this claim? State your opinion, and then give pieces of supporting evidence to justify your argument.

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Abbie

History

1 June, 07:16

Many economists believe that China could replace the United States' position in the global economy in the future. Do you agree or disagree with this claim? State your opinion, and then give pieces of supporting evidence to justify your argument.

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Lilliana Griffin · Answer 1

I agree with this because China has been improving and developing. They have those gadgets and industries in which the US has also so they can be a potential country that can replace US. But there are still many countries that can also replace US such as Japan and Singapore but right now, US is the country who's up.

Raven Wise · Answer 2

I agree with the claim. A number of economists expect China to overtake the United States in a few years particularly in terms of Purchasing Power Parity. ll global economists agree it is only a matter of time before we experience a Chinese epoch. The country also has a large population and a rapidly growing economy.