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Since 2000, the US and China have taken over the G7's share of global GDP
Despite political rhetoric to the contrary, the United States and China have enjoyed the most mutually successful economic partnership in modern history.
The Group of Seven (G7) nations include the US, Canada, the UK, Japan, Germany, France, and Italy. As emerging market economies, and especially China, have boomed, the G7's share of global GDP has dramatically fallen.
But a closer examination of the underlying economic data shows that the United States' share of global GDP has risen, especially since 2010. The US is the only G7 country to take a larger share of global GDP while China's economy rocketed higher.
Resources and links:
Skipping class: Chinese students are looking beyond the US
https://www.chartr.co/stories/....2022-08-12-2-chinese
Wall Street Journal, U.S.-China Investment Flows Bigger Than Thought
https://www.wsj.com/articles/BL-CJB-29645
For wealthy Chinese students, studying abroad becomes the norm
https://list.juwai.com/news/20....12/05/infographic-fo
EGS Biweekly Global Business Newsletter Issue 109, Tuesday, May 28, 2024
https://geowizard.biz/2024/05/....egs-biweekly-global-
Statista, The countries with the most countries studying abroad
https://www.statista.com/chart..../3624/the-countries-
Zerohedge, Visualizing The G7's Declining Share Of Global GDP
https://www.zerohedge.com/geop....olitical/visualizing
China’s universities just grabbed 6 of the top 10 spots in one worldwide science ranking – without changing a thing
https://theconversation.com/ch....inas-universities-ju
Closing scene, Peking Duck from the award-winning Grand Hyatt Beijing
https://www.youtube.com/watch?v=Gc2AvoXVCz4
When Chinese men go abroad and study, they are focused on acquiring the necessary knowledge and skills and go back to China with their skills to build up China.
When Black men go abroad to the United States and Europe to study, we marry white women and integrate into white society.
6:45
“Wealthy Chinese families sent hundreds of thousands of their kids to the United States to study then after graduation returned to work in the companies there.”
Look at where China was in the 1980’s, 1990’s. At the bottom.
The year 2000 is when China started to turn the tide. In less than 20 years China has been able to turn the country into a superpower, battling with the United States as the number one Superpower nation in the world.
This is not an endorsement of China, This is to show the mindset of a people who wants to build and be a superpower and those who wants to be consumers at the bottom of the totem pole.