China advances to dethrone the United States, boosts surpluses, dominates green technology, faces explosive debt and aging while a young India emerges as the third giant in the competition for the new multipolar global economic order in the 21st century.
China advances to dethrone the United States, boosts surpluses, dominates green technology, faces explosive debt and aging while a young India emerges as the third giant in the competition for the new multipolar global economic order in the 21st century.
China competes for leadership with the United States in the new global economic order while betting on green technology and facing competition from India.
China competes for leadership with the United States in the new global economic order while betting on green technology and facing competition from India.
With a rising GDP, record trade surpluses, and leadership in green technology, China pressures the United States in 2024 and 2025, accumulates reserves, expands influence in the Global South, and faces increasing debt, aging, and demographic competition from India in the new multipolar economic order of the 21st century in dispute.
For over a century, the United States has held the position of the largest economy on the planet, but China, which has pursued this leadership for two decades, has narrowed the gap and is now the main challenger. In 2024, the nominal GDP of the U.S. was estimated at around 29 trillion dollars, compared to approximately 18 trillion dollars of the Chinese economy, which still represents a third less in goods and services purchased or sold, but with a trajectory of gradual convergence and increasing imbalance in other structural fronts.$BTC
