China will overtake the United States as the most powerful economy by 2019.
SHAFAQNA (Shia International News Association) – China says it will overtake the United States as the most powerful economy by 2019. The ‘Nation's Health Report’ has been issued by the Chinese Academy of Sciences, the Global Times said. The report also indicated that China's ‘international status’ would exceed the US by 2049, at the time of the 100th anniversary of the establishment of the People's Republic.
The Global Times said that “National health was defined as the country's overall conditions, using resource sufficiency and wealth distribution as the major criteria." Currently China is ranked as the 11th "healthiest" country out of some 100 nations, behind Costa Rica, with Sweden in top position. The official Xinhua news agency reported that “China was given a national health status of up to standard, though the US, Japan and Britain were deemed health deficient."
The Global Times also mentioned that the recent findings could be seen by some as rather nationalistic. "The report is indicative of an anti-US sentiment in Chinese society," Fang Zhouzi, described as a prominent whistle blower, told the paper. He added that "It casts the US as a potential threat and links the goals of China's national revival to surpassing the US."
For decades through economic reforms and openness to foreign investments, China has been transformed from a poor, mainly agricultural society to the world's second-largest economy behind the USA. Experts widely expected China's economy, given its high growth rates, to overtake the US in terms of gross domestic product but the USA will remain wealthier on a per capita basis given China's huge population of 1.3 billion compared with 315 million of the US.