👉Could China become The Global Economic Superpower in 2050 and Why
Channel: GeoStar TV
Date: 2020-04-04

👉Could China become The Global Economic Superpower in 2050 and Why ?
If you asked people in the 1600s who would be the dominant global power, most would have said Spain. They would have been proven wrong within 100 years.
If you asked people in the late 1800s who would be the dominant global power, most would have said Great Britain. 
Huge empire, coming out of the industrial revolution, huge navy, etc.
 And they would have been wrong within 50 years.
If you asked people in the 1960s who would be the dominant global power, 50% would have said the US, 50% would have said the Soviet Union. Half of those people would have been proven wrong in a short 30 years.
If you asked Americans in the 1980s who would be the dominant global power, I bet 60-70% might have said Japan. They would have been proven wrong in a mere 10-20 years.

A lot could happen in 30 years.
Welcome to The Atlantis Report.

The EU doesn't have the cohesiveness. India won't even catch up to the US in terms of GDP until the middle of the century, and even then, it will be spending whatever surplus it has in building infrastructure that its people will be demanding. Russia's power is shrinking with her population, even while she's industrializing. Brazil's population is stagnant and hovers around 200 million. Moreover, her internal politics and focus aren't on becoming a military superpower. Japan's chances passed at the end of the '80s. So all we're left with is China.
All estimates put China's GDP ahead of the US by 20 - 30 percent by 2050. But even then she won't have the same ability to project herself as the USA (though, will undoubtedly have a massive projection capability) because of three burdensome factors. 
The stagnant and aging population is not putting the same number of workers in the factories and will be heavily taxing the growing social security payments (that the Chinese public rightly demands).
The oppressive government fears the Chinese people more than it does US hegemony. This requires a massive security state infrastructure that doesn't have a comparison in the west. China spends as much on internal security as she does on external defense. 
Rising wages in China eliminates the massive draw for textile manufacturers to set up shop in China, conversely requiring state investment to keep the economy going (not a bad thing to have wages rise). 
Even still, by 2050, China will only have half US's GDP PCI and will be needing a higher percentage of that wealth to pay for all of the above-mentioned necessities. 
This doesn't mean that the Chinese won't be a superpower and will not challenge the American hegemony. That's not even up for debate anymore.
 By 2030, China will likely be spending around the same amount as the US in its military. But China isn't an island. She has a powerful Russia to the north, Japan to the east, and India to the southwest. She's had less than desirable relationships with these three nations for the past century. The quest for raw materials will likely make China and Russia grow closer, while her relations with Japan and India will probably end up looking more like her relationship with the US.
Friendly on the outside, simmering behind the curtains. 
Thus, the need for her status as a superpower. She will be interested in ensuring secure shipping lanes from the Mideast; Africa; South America; and even from North America, where the US and Canada are experiencing an energy boom, much of which will head to Asia.

COPYRIGHT DISCLAIMER:
Under section 107 of the Copyright Act of 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research.
This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions:

https://link.attribute.to/cc/587159