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Not Just The Largest Economy – Here Are 26 Other Ways China Has Surpassed America
Submitted by Michael Snyder of The End of the American Dream blog,
In terms of purchasing power, China now has the largest economy on the entire planet, but that is not the only area where China has surpassed the United States. China also accounts for more total global trade than the U.S. does, China consumes more energy than the U.S. does, and China now manufactures more goods than the U.S. does. In other words, the era of American economic dominance is rapidly ending. Global economic power is making a dramatic shift to the east, and that is going to have huge implications for our future. We already owe the Chinese well over a trillion dollars, and as our economic infrastructure crumbles we are feverishly borrowing even more money in a desperate attempt to prop up our falling standard of living. We can’t seem to match the work ethic, inventiveness and determination of China and other Asian nations and it is showing. If we continue down this path, what will the future look like for future generations of Americans?
In terms of raw GDP, the U.S. is still number one, at least for now. But according to the IMF, China is now the number one economy on the entire planet in terms of purchasing power…
The simple logic is that prices aren’t the same in each country: A shirt will cost you less in Shanghai than San Francisco, so it’s not entirely reasonable to compare countries without taking this into account. Though a typical person in China earns a lot less than the typical person in the US, simply converting a Chinese salary into dollars underestimates how much purchasing power that individual, and therefore that country, might have. The Economist’s Big Mac Index is a great example of these disparities.
So the IMF measures both GDP in market exchange terms, and in terms of purchasing power. On the purchasing power basis, China is overtaking the US right about now and becoming the world’s biggest economy.
When I first learned about this, I was quite stunned.
I knew that China’s economy had been roaring, but like most Americans I just assumed that the U.S. would continue to remain head and shoulders above everyone else.
Unfortunately, things are changing at a pace that is much faster than most people ever thought possible. The following are 26 other ways that China has surpassed America…
#1 When you add up all imports and exports, China now accounts for more total global trade than the United States does.
#2 There is now more total corporate debt in China than there is in the United States.
#3 During 2013, we sold about 121 billion dollars worth of stuff to the Chinese, but they sold about 440 billion dollars worth of stuff to us. That was the largest trade deficit that one nation has had with another nation in the history of the world.
#4 China is now the leading manufacturer of goods in the entire world.
#5 Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Today, China’s high-tech exports are more than twice the size of U.S. high-tech exports.
#6 The United States had been the leading consumer of energy in the world for about 100 years, but during the summer of 2010 China took over the number one spot.
#7 China now has the largest new car market in the entire world.
#8 China has more foreign currency reserves than anyone else on the planet.
#9 China is the number one gold producer in the world.
#10 China is also the number one gold importer in the world.
#11 15 years ago, China was 14th in the world in published scientific research articles. But now, China is expected to pass the United States and become number one very shortly.
#12 China is also expected to soon become the global leader in patent filings.
#13 China awards more doctoral degrees in engineering each year than the United States does.
#14 China has the world’s fastest train and the world’s most extensive high-speed rail network.
#15 China uses more cement than the rest of the world combined.
#16 Today, China produces nearly twice as much beer as the United States does.
#17 85 percent of all artificial Christmas trees are made in China.
#18 There are more pigs in China than in the next 43 pork producing nations combined.
#19 China is now the number one producer of wind and solar power on the entire globe.
#20 China produces more than twice as much cotton as the United States does.
#21 China produces more than three times as much coal as the United States does.
#22 China now produces 11 times as much steel as the United States does.
#23 China controls over 90 percent of the total global supply of rare earth elements.
#24 An investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain.
#25 According to author Clyde Prestowitz, China’s number one export to the U.S. is computer equipment. According to an article in U.S. News & World Report, the number one U.S. export to China is “scrap and trash”.
#26 Nobel economist Robert W. Fogel of the University of Chicago is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040 if current trends continue.
The Chinese are using some of their new wealth to buy up land, properties and businesses here in the United States. In fact, just the other day we learned that a group from China is buying New York City’s Waldorf Astoria hotel.
For much, much more on this trend, please see some of my previous articles…
-”The Chinese Are Acquiring Large Chunks Of Land In Communities All Over America”
-”45 Signs That China Is Colonizing America”
-”Meet Your New Boss: Buying Large Employers Will Enable China To Dominate 1000s Of U.S. Communities”
And most Americans don’t realize this, but Chinese-made cars will soon be sold in the United States.
The following is from a recent WND article…
Chinese-made cars will be making their way to the U.S. next year, and guess which company is going to start exporting them to our shores?
A Chinese company, of course.
Chinese-owned Volvo’s parent company, Zhejiang Geely Holding Group, will begin exporting its S60L from China to the United States as early as next year, according to a Reuters report which quoted a senior Volvo executive.
Volvo is trying to take advantage of two new Chinese factories that will make up an export hub to send vehicles to the U.S. and Russia.
Everywhere you look, China is dominating and America is in decline.
If this was a sporting event for little kids, the “mercy rule” would have been invoked by now.
Unfortunately, there is no “mercy rule” on the global economic stage.
The United States is going to have to get things together if it wants to have any hope of competing with the Chinese in the future.
The Chinese are kicking our tails and they know it.
One survey found found that 75 percent of those living in China believe that their country is on the right track.
On the other hand, Americans are not nearly as optimistic.
According to one average of recent surveys, only 28 percent of Americans believe that the United States is on the right track.
I think that those numbers say a lot. We have been in decline for quite some time, but we can never seem to get the ship righted.
Hopefully our leaders can start coming up with some solutions soon, because we are running out of time.
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What horse merde. China will fall.
Bigger riots.
No shit. China is a house of cards, even worse than the US. This isn't some kind of claim that the US gov or society is solvent, it isn't. But china is riding a massive credit bubble that's even worse than the west. It is going to pop, and there will be massive correction just like us. And if the US goes down, so does Europe, and vice versa, and they will have no one to sell their cheap shit to anymore, and down they go.
If it makes you feel any better about America losing it's exceptionalism just remember this.. We have way more "People of Wal-Mart" stars than China does but only a fraction of the people.
And they're breeding even more...
And where are those people ending up?
The US incarcerates more of its citizens than ANY other nation - at a rate of 716 per 100,000 (as of Oct 2013), and even higher according to other sources.
The United States has less than 5% of the world's population and 24% of the world's prison population.
We're number 1, we're number 1 ........
Whatever happened to the 'Land of the Free?'
Oh.... and we're WAAAY ahead of China in drug addiction too.....
One hell of a change from the days of the Opium Wars when Britin was forcing Opium on the Cbinese..... And Americans aren't wusses - we go for Heroin - or Crystal Meth - though a good number prefer prescription drugs.... (nevermind Alcohol addiction....)
They're nothing until they are number one in banksters and lawyers.
The biggest problem, in economic terms, facing the WORLD, is that automation is increasingly decreasing the number of given workers required to produce larger and more valuable baskets of goods.
This is already creating a massive excess of labor, and technological advancement is accelerating the pace and severity of this crisis.
Every nation is and will continue to be affected by this, but labor-intensive, export oriented economies will be disproportionately adversely impacted.
IOW, China & India, to name just two large, emerging markets, have a HUGE ECONOMIC AND SOCIAL crisis inevitably staring them down, and will be more upset by this trend than smaller, developed markets.
Enough opium. Now take you hopium bitchiz!
I'd rather have China colonize America than Israel.
Upvote me if you agree!
"Hopefully our leaders can start coming up with some solutions soon, because we are running out of time."
Destroyed the whole article for not realizing that "our leaders" ARE the problem.
Anyone remember the last time "your leader" even pretended to acknowledge your best interests? Unless you're in the Free Shit Army and/or one of the "more equal/protected" classes, then I can safely say that answer is NO!
NO.1 Steel producing country(place) in the world : China (excluding Hebei province)
NO.2 Steel producing country(place) in the world : Hebei province, China, (excluding Tangshan City)
No.3 Steel producing country(place) in the world : Tangshan City, hebei province, China, official and registered factories
No.4 Steel producing country(place) in the world : Japan
No.5 Steel producing country(place) in the world : USA
No.6 Steel producing country(place) in the world : India
No.7 Steel producing country(place) in the world : Russia
No.8 Steel producing country(place) in the world : South Korea
No.9 Steel producing country(place) in the world : Tangshan City, Hebei Province, China, unregistered factories
No.10 Steel producing country(place) in the world : Germany
I believe the US can hang onto being number one in bullshit for another couple of decades.
@ PP:
Troll like you are kind of weak ...
Production, production, production ...
Whence comes the fucking Iron ore?
The Essential Ore comes from Brazil, is like oil blend, the rest that China buys comes from Australia but is an ore that needs to be debugged.
hehe.
it is a humor that China produce too many things that don't needful......
If you wana see where communism is look at prison population %. It's the #1 statistic of communism.
Nuff said.
well, then, by that metric that would make america the worlds most communist state
not only is china a house of cards, but the whole ppp basis for comparison is bs. on a raw basis they are really only 2/3ds the size of the us and they are punching way above their weight. america is basically fucked but china is not some awesome next gen country. when we go they go. we are going. therefore they will go. we will then come back up at some point in the far future. will they?
What people seem to be missing here is that by saying the Chinese are moving ahead of us they are giving tacit approval of centrally planned economies. By agreeing that china is going to take over the world, you are saying that communist central planning the the way to go forward. Ask yourself two questions: over the last couple decades, has china moved towards a capitalist, free market, or away from it. Also, ask yourself if markets are more, or less free in the US than they were 50 years ago? China is just as much, if not more, screwed as we are. However, they have been moving away from a pure communist economy towards a slightly more capitalist model, while the US and Europe have been moving away from the free market that made us great, and towards a govt run, centrally planned economy that has never worked in human history
When the economies of all the countries crash with their currencies in a giant debt boom China will be left with all the manufacturing machinery, infrastructure, gold, and resources. They will restructure debt and be up and running in two years. The rest of the Western nations will look like banana republics forever.
So, what does Wang Lung think about this?
It's not that simple. and it's not very likely. I'm too tired to type anymore.
:...they will have no one to sell their cheap shit..." except themselves.....yeah you are right that would just be outrageous instead of selling stuff to the Europeans just consume it yourself...there is no way that model would work right?
In the next collapse, the financialisation of all countries (including China) gets reset. Then what counts is which countries have which real assets. And China has a lot more than the U.S.A these days.
But it's all about what you buy with your free fiat money. They bought highways, factories, ports, apartment buildings, technology, and gold. We on the other hand decided to fund multi-trillion dollar ways to kill a few goat herders on the other side of the planet. Oh and cash for clunkers
I am old enough to remember when Japanese products were cheap junk. Then, twenty years after they got back in the game, suddenly the Japanese were manufacturing world-class quality products in almost every category of consumer and industrial items.
Or take South Korea. My favorite joke of 1989 was, "how do you double the value of your Hyundai? Fill up the gas tank!" Twenty years later, they were building some of the best cars in the world on a price/performance basis.
China, on the other hand, has been producing cheap crap for 35 years, with no quality improvements in sight anytime soon. China has singlehandedly ruined the manufacturing base for the entire fucking planet.
See where the quality products of japan got them.... China has the same demographics
Japan is culturally industrious -- China not so much.
Kia is a crap car.... sorry
Samsung has started its ballistic re-entry trajectory
China has no middle class out side of a few of the largest cities... to consume what they make.
China has on a GDP basis blown its debt bubble up much more than the west.
In the spring lets see if they serve those artificial Christmas trees with rice or noodles... see Baltic Dry index. Atlest they will have plenty of greenbacks to cook them over...
Yeah. I work with tech companies with major Chinese presence and employee bases. They preferentially hire chinese engineers trained outside of China, because the degrees inside China carry little weight -- plagarism and pay-for-grade are everywhere in the educational system, so they can't count on someone with a degree to actually be an engineer. There is also a massive degree of outside supervision to maintain quality standards inside China. The quality in China is imported by companies looking to access the cheap labor and large market. It's not an accident that the next step after Chinese manufacturing is robotic manufacturing, and that is being relocated back into the developed markets.
Chinese labor will face the exact same issues US labor has, with jobs being outsourced elsewhere, but unfortunately hasn't developed enough of a domestic high-tech base to be self sustaining to the degree we see in other geographies. If you look at all the supposedly made-in-China high tech products, the vast majority are assembled in China, with domestically produced PCBs (low value with a high degree of environmental damage) and ICs produced in US (microprocessors/ASICs), Japan/S. Korea (memory) or Taiwan (logic/ASIC circuits. and some memory) I don't expect this to change significantly until China invades Taiwan, at which time we'll just see US and European tech manufacturers re-home production domestically.
Yeah, that's pretty much what all my engineer friends who have contracted over there (mostly in quality control) say about how things work. There are a handful of privately owned firms that try to do right but most of them are government backed turd balls.
Basically, China is a dis-functional country that has been ridiculously over funded by Corporate USA, due to our Government, don't forget; there's no rule t hat says we have to buy anything in China; in fact there used to be a rule that we could not buy anything made in china, and we didn't
I remember sitting in the back of my parents car with my sister and cousin. I was mayebe 6 years old. We each had a tube of candy and were eager to eat it. When it was discovered that the candy was made in Japan, my grandmother said that we were not to eat it. I think that she thought we would die. This was in the early 1970's. Funny shit, huh?
Not sure what Americans would do at the mall, or any store USA, if we had the same feelings towards China? No iPhones? Don't even speak that.
The iPhone could easily be produced in the US, Apple would just have to take a slight margin hit or charge $100 more.
I'm willing to bet we'll see US-manufactered iPhones (or smartphones) within a decade. Of course, there will be 10 people running a robitc manufacturing plant that covers 20 acres and produces 100 million units a year, but they'll be domestically produced.
We do have a government; maybe they'd even have a union and a pension; maybe there'd be 250 people instead of 20; but of course it can be manufactured in the US. "But the price would be hgher" it 's called virtuous inflation; so would your wages. Where would the difference come from? the overpaid corporate CEOS. t hat's why it's going to t ake consensus and organization, but it can be done.
Are you an idiot? do you want a play toy or a livable country? choose one or the other.
Most people will choose the toy, because the choice is one stap away from being screamed at them in the face, which unfortunately is the only time they might take the right choice.
it's a joke in Back to the Future Part III
Young Doc: No wonder this circuit failed. It says "Made in Japan".
Marty McFly: What do you mean, Doc? All the best stuff is made in Japan.
Young Doc: Unbelievable.
http://en.wikipedia.org/wiki/W._Edwards_Deming
Swithched from Benz to Hyundai...both very good cars. The 2011 Sonata was nicer than my 2005 CL65 for luxury (though about 500 HP less). In a 2013 Santa Fe AWD and will drive that for years.
China has singlehandedly ruined the manufacturing base for the entire fucking planet.
Actually many folks in this country helped them along by giving/selling them the technology.
For fuck sakes wake up. No one does anything "single-handedly". Yes, we gave them the technology because our government had been bought by the corporate bosses and found the idea of using slave labor amusing. When I got out of high school we didn't import anything from Communist China; it was an enemy country. Did we not have pants and shoes and toasters? Of course, we did. CUT OFF T HE SHIPS AND CHINA DIES AND WE LIVE.
Culturally they don't understand the idea of quality; it seems ridiculous to them; they're in born reflex is to screw the customer with whatever junk they can glue together and move on to t he next sucker. They're kind of upside-down Japanese.
chinese & koreans don't understand technology....even logic.
Emotions overtake common sense.
But, and I watched all this too; this is not irreversable. and there are exceptions, of course; it's just that you can't be polite or "expect" anything. they have to know and be reminded, that if the phones don't work; the money is cut off; that part they understand. All t his "world trade crap" is exactly that, crap. As far as "free trade goes"; no. that's a sales pitch from the corporate bosses. you trade with who you want to t rade wit h for the benefit of your country; not your company, and we need to find people who can keep this in mind even when t hey're in Washington.
Korean cars those days & even now are of Mitsubishi technology.
Nothing special about korean cars...just like chinese ones.
chinese are chinese first. they see the prize and they will not stop until they win it, then they will riot.
The Chinese and the Mexicans work much harder than the Americans.
Happy Chinco de Mayo bitches.
BINGO....... but lazy ass Americans don't want to hear that.
China is hungry. We are lazy. We need to scrape bottom to become hungry again.
You crazy asshole; we don't need to compete with Chinese Slave labor; we were made to do so by our Federal Government, for the pleasure of the corporate bosses. We can just cut off t he ships; and poof; problem solved.
OR...
maybe our leaders can come up with some solutions...
HAHAHAHA.....
Yeah - Right...
What have they got for their hard work?
What is the use of grinding away 80 hours per week in a factory in perpetual smog?
What good is it to continually work to undercut an unlimited supply of labor?
You will not believe how hard it is to teach Geography and History of the World to you Americans.
Simple things like imperialism, cash flow, pests, distinct cultures.
Things you learn in Europe or South America in primary education until the 9th - ninth - school year, between age seven and 15 years old.
To explain how a troll @ Ned Zeppelin making a fool comment:
"O horse merde. China will fall."
Tell a guy like that China has a culture of at least three thousand years ago, the Chinese invented gunpowder, the compass, the seismograph etc. .
Read here about the horrors forget that Egypt and the pyramids were made by that ancient culture.
The Chinese and Egyptians invented the role each culture in his time.
The French used the Sphinx for target guns.
Until today no European or North American managed to build up again those things.
That's like taking a cloth to wipe ice.
I swear to you it is exhausting pscicologicamente talk to so many insane people without culture.
People who only looks at the navel and sees the last 70 years of history.
Just a guy who taught for children 4 years of Prophet Job has patience like I have.
I know there are others like me in ZeroHedge old, just reading what they write I identify.
Keyboard is like the eyes are the window to the soul.
:-)
China is, at its core, communist. Until it isn't, it is headed for a dead end.
China at it's core is pragmatic
FIFY
It's a complete dictatorship; in detail; and the people who live there are completely burned out and sick of it but have no idea what to do about it; probably t hey can't do anything about it. They also got a patent on the sheeple idea; they all believe the same t hing at the same time, and it's whatever the .gov. said this week. the level of historical ignorance is astonishing, it 's mind-boggling; they litterally don't know what world they live in. They aren't going to take over anything unless everybody else just gives up; and meanwhile we could just shut off their money supply and watch t hem evaporate. Cruel, yes; but it's either them or us.
China is a shit country; they don't have culture, they're barely civilized. In normal European t erms; t hey simply aren't civilized. read t he book, "why China will never take over t he world".
Come on; people our government gave us into t heir hands by off-shoring the manufacturing. All they did was pick up t he ball and run with it. you've been sold to the Chinese by your government. specifically, Bill Clinton and whoever was in Congress at the time. Globalization is just code for we'll give you all our money and t hen die. It's not necessary; we can cut off trade with China; we don't need t hem; t hey need us. WE can make out own shoes and pants.
China's GovReg-Tax-Control per citizen ratio is MUCH MUCH lower than that of the USA-and falls off more rapidly from what it is as you leave the major metro areas.
IE they deal in CASH=freedom
That's why we're screwed.
Please take all of our jobs! Hey, what happened to our jobs!
Your Federal Government is what happened to your jobs; if you'd just focus on that for awhile, you might be able to do something about it. Like Voting republican for t he next President; Hilary is already part of t he cabal; you want ano ther 8 years of this shit? Surprise them, throw a wrench in their plans, don't allow yourselfves to be propagandized.
Communist Chinese have surpassed the USA in moral credibility, and that's saying something.
And most of that is because we have come down to their level-- not vice versa.
"down to their level"... nah, fallen below that by leaps and bounds.
Nah. You didn't look behind the curtain thats all.
That's good news. Let's build a few factories and ship them some consumer crap!
#27 hottest chicks and best porn.
....and this is why ww3 is imminent. if the west doesn't stop russia and china(and the other brics) now they will not be able to stop them. it is as simpla as that.
the bigger picture is the limitation of economic growth and population growth. the world's wealth must be confined to the west and the rest of the world's population must be dramatically reduced.......and these wackos are serious.
AMERICA,... TERROR DOWN THESE WALLS
And terrible pollution. They can't go on like that forever.
we handled being number 1 poorly at best. there chance to do better. but they are humans too and 100 years from now bing bong will be the up and coming country as the rest of the world trades away from the yuan...
speaking of yuan, time to take a 7 hour nap, nighty night,,...
"...China consumes more energy than the U.S. does..."
OMG!!!
The IPCC must be all over these people! They're literally raping the planet!!! ;-)
Its ok, they are yellow... they are entitled.... afterall everyone knows the white man cant do all the raping.
Here is your China story from my own personal experience: averge upscale escort in China cost about $100 a day back in 1994, $1,000 by 2004, $5,000 by 2014. Go figure.
Slowing inflation rate! x10 in the first decade and only x5 in the second
All very nice, but according to Piketty, fears of growing Chinese ownership are a pure fantasy (Ch. 12). Wealthy western countries are much wealthier than they think. Total real estate and financial assets net of debt owned by European households today amounts to some 70 trillion euros, around 80 trillion by US households. By comparison, total assets of various Chinese sovereign foreign wealth funds plus the reserves of the bank of China represent around 3 trillion euros. Rich countries are not about to be taken over by poor countries, which would have to get much richer to do anything of the kind, and that will take many more decades. Just sayin'.
'financial assets'...they depend upon the stability of the underlying...the dollar....if the dollar goes tits up all those assets won't be worth much.
I'd just count the value of property...in the end that is all the real wealth there is.
Chinese can't move all that property to China hence they will have to come to US to claim all that is owed to them. Or perhaps unpeg and buy up same property at a fraction of cost in Renminbi. We shall see.
Piketty? Really?
What we need is a companion article entitled 'Here are 26 Other Ways Russia Has Surpassed America'.
Think of the possibilities! Alcoholism and smoking rates that will knock your socks off...pollution rivaled only by China...sky-high abortion rates...a one-trick pony commodity economy...a currency that has been defaulted on and devalued innumerable times....
Re: #4
We gave it all away since the mid 1980's
I've been living in Beijing the last couple months idk y'all I am not too threatened by China's superiority
there are just a lot of them
Talk to anyone who fought in the Korean War......
LOTS of Chinese can be a real bitch to deal with.....didn't matter if they were hungry and wearing sneakers in the middle of winter - you'd kill a bunch and they'd keep coming..... (Keep in mind we did NOT 'win' the Korean War - it ended with a negotiated Armistice)
Subtract government spending from the 'GDP' and you'll see we vacated numero uno a while ago.
Knock out all the other BS in the GDP calculation...well it's bad..
When currencies get straightened out (that will be the next big thing) and it will all be down to 'you can import no more than you export'....and that will be the great equalizer.
China, China, China. Sick of hearing about it.
Lemme tell you about their vaunted high speed rail. I bought a one way ticket from Shanghai to Suzhou. Couldn't buy one for the return trip. Why? Trains full? No. The local mafia controlled the ticket sales and you couldn't buy a ticket at the station. You had to go to a shady guy in the parking lot charging a big multiple of the real (subsidized?) price.
High tech on the outside, third world on the inside. China sucks.
Guanzhou to Zhu Zhou (450 miles) 3 hours ..on time ..60 bucks this was 2 years ago...
In China I almost always buy train tickents online. Alternative - many better hotels sell tickets on premises. I NEVER buy tickets in the train station as those usually are mad houses.
Wow, I think we hit a nerve with someone that's pro-Chinese from the sea of negative votes!
China and India and doomed to collapse at some point as a result of their internal limitations - social, economic, political, resources, etc.
5 to 1 bodies, 6,000 yrs history, math scores thru the roof, et al.... turn out the lights....
I think they have more students in UCLA than any other nation too. Got a gang of em over here.
University of Caucasians living among Asians.
We can beat China if we emulate their democracy and capitalism
Manliest:
1. African men
2. Caucasian men
3. African women
4. Caucasian women
5. Asian men
6. Asian women
7. Infants
See why they are ahead
http://andreswhy.blogspot.com/2012/03/reduced-chinese-economic-growth-ra...
The US system has created a nation of willing slaves
http://andreswhy.blogspot.com/2008/10/human-capitalism.html
Heading to the Ottoman Empire system where everyone is a slave .
Nobody can say no without consequences .
And the Matriarchy meddling all the time
http://andreswhy.blogspot.com/2008/10/human-capitalism.html
The Chinese are just plain superior .
There , I said it .
See http://andreswhy.blogspot.com/2013/07/the-tears-of-chinese-eyes-and-cryo...
Live with it . or change it .
Get smarter : see
http://andreswhy.blogspot.com/2014/10/prodigies-update-ii.html
1. If China is so big and bad, why can't they invent a single fucking thing that the world needs?
2. If they're so fucking smart and determined, why can't 96% of the population that isn't in the communist party rise up against the 4% that is?
They invented gun powder. What product could be more important than that?
Gunpowder? LOL. That was over 1000 years ago. What the fuck have they created in the last 100 years?
Th USA has 353 Nobel laureates. China has 8.
EIGHT!!!
Do you count the 2009 Peace prize winner in that number? In 2009 alone, China produced over 10,000 Ph.D. engineering graduates, and as many as 500,000 BSc graduates in engineering, mathematics, information technology, and computer science – more than any other country. Of course, they are lagging badly in gay and lesbian studies.
The Obola Peace Prize? Fuck that that shitdick. And fuck Krugsy too. So, 351 instead 353.
They can produce 1,000,000 PhD graduates which still are nothing more than tactical drones. Once again, what diseases have they cured? What treatments? What energy innovations? What design classics? What software hits?
Fucking nothing. Sure, great fucking Rolex knockoffs at 48th and Broadway. But what else?
Scraped from Wiki
Anti-ship ballistic missile: The anti-ship ballistic missile is a quasiballistic missile designed to hit a warship at sea. The Chinese military developed the "world's first anti-ship ballistic missile system". The United States Naval Institute in 2009 stated that such a missile would be large enough to destroy an aircraft carrier in one hit and that there was "currently ... no defense against it" if it worked as theorized.
Arteminisinin, anti-malarial treatment: The antimalarial drug of compound artemisinin found in Artemisia annua, the latter being a plant long used in traditional Chinese medicine, was discovered in 1972 by Chinese scientists in the People's Republic led by Tu Youyou and has been used to treat multi-drug resistant strains of Plasmodium falciparum malaria. Artemisinin remains the most effective treatment for malaria today and has saved millions of lives and is yielded one of the greatest drug discoveries in modern medicine.
Carbon aerogel: In 2013, scientists at Zhejiang University broke the world record for the world's lightest substance, a carbon aerogel weighing in at 0.16 mg/cc
Electronic cigarette: Hon Lik, a Chinese pharmacist, is widely credited with the invention of the first generation electronic cigarette. In 2003, he came up with the idea of using a piezoelectric ultrasound-emitting element to vaporise a pressurized jet of liquid containing nicotine diluted in a propylene glycol solution.This design produces a smoke-like vapour that can be inhaled and provides a vehicle for nicotine delivery into the bloodstream via the lungs. He also proposed using propylene glycol to dilute nicotine and placing it in a disposable plastic cartridge which serves as a liquid reservoir and mouthpiece.
Cure of a solid cancer: In 1956, Min Chiu Li, who was educated and worked in the USA after leaving China because of the communist takeover, and Roy Hertz, demonstrated that systemic chemotherapy could result in the cure of a widely metastatic malignant disease by his use of methotrexate to cure women of choriocarcinoma.
Maglev wind power generators: In 2006, a new type of wind power generator employing magnetic levitation (maglev) was showcased at the Wind Power Asia Exhibition in Beijing. Li Guokun was the chief scientific developer of the new maglev wind power generator, in collaboration with the Guangzhou Energy Research Institute under the Chinese Academy of Sciences and the Zhongke Hengyuan Energy Technology Company based in Guangzhou. Li Guokun states that traditional wind turbines need high wind speeds to start, due to friction caused by their bearings. The new frictionless maglev wind generator requires wind speeds of only 1.5 m per second (or 5 km an hour) to start and are expected to cut operational costs for wind farms by half, i.e. overall cost of roughly 0.4 Chinese yuan per kilowatt hour.
Measurement of neutrino mixing angle ?13: The Daya Bay experiment in China reported the measurement of the parameter ?13 in March 2012. An important contribution to particle physics, this was named one of the runners-up breakthrough of the year in 2012 by Science.
Non-invasive prenatal diagnostic testing for Down's Syndrome: Previously, women underwent invasive testing such as amniocentesis or chorionic villus sampling (CVS). This new maternal blood test has the potential to reduce the number of women referred for invasive testing for Down's syndrome by 98 percent. Developed by Chinese researchers in Hong Kong in 2008, this is hailed as a breakthrough.
Single-mode optical fiber: Professor Huang Hongjia of the Chinese Academy of Sciences, developed coupling wave theory in the field of microwave theory. He led a research team that successfully developed Single-mode optical fiber in 1980.
Stem cell educator therapy: Chinese and US researchers have produced remarkable results for this new treatment of obtaining stem cells from human cord blood to "re-educate" misbehaving immune cells. This result was published in the open-access journal BMC Medicine in January 2012, and offers hope for Type 1 diabetics and potentially may also be used to treat other auto-immune diseases if the approach lives up to early promise.
and my personal favorite
Turning Urine Samples into Brain Cells: This new technique of reprogramming ordinary cells present in urine into immature brain cells that can form multiple types of functioning neurons and glial cells was developed by Chinese researchers in China, and was published in the scientific journal Nature Methods in December 2012. Instead of using retrovirus, they used vectors which the researchers say is a breakthrough. This does not involve embryonic stem cells which come with serious drawbacks when transplanted, such as the risk of developing tumours. This technique makes the procedure of generating Induced pluripotent stem cells far easier and non-invasive, as the cells can be obtained from a urine sample instead of a blood sample or biopsy. This research proves human excreta could be a powerful source of cells to study disease, bypassing some of the problems of using stem cells, and could be useful for research studying the cellular mechanisms of neurodegenerative conditions such as Alzheimer's and Parkinson's and for testing the effects of new drugs that are being developed to treat them.
Ho Li Fuk.
Nice list.
For America to be # 1 again, we should buy more Iphones, uphones, hephones and shephones
NOTE: You can add Chinese text and the preview shows Chinese text, but when you save the post the Chinese text turnst to ??????????.
Damn you Tyler, FIX THE POST EDITOR!!!
Stupid Americans, all your children are belong to us...
China is brittle. The Communist Party thought that 40+ million deaths was not too high a price to pay to retain power. They will not hesitate to spill Chinese blood to stay in power. The desire of wealthy elites to be able to escape with via some type of Plan B is a massive vote of no-confidence. It is so bad that in the US there are investments that are planned around marketing to wealthy Chinese looking to buy their way to legal US residency. I have been pitched to myself. Canada recently cut back one such program.
Last point: China does not have the ability for the provinces to call an Article V convention to consider amendments.
This doesn't mean shit. We FAR surpass China in pure stupidity...
"Actress Gwyneth Paltrow lavished praise on President Barack Obama Thursday night during a Democratic National Committee fundraiser that took place at her Los Angeles home.
Speaking at the event, which had tickets starting at a minimum of $1,000 for the reception and $15,000 for the dinner, Paltrow introduced the president by saying, “I am one of your biggest fans, if not the biggest.”
According to the White House pool report, she said: "It would be wonderful if we were able to give this man all of the power that he needs to pass the things that he needs to pass."
Fucking Hollywood Retrads.
http://www.theblaze.com/stories/2014/10/09/famous-actress-on-obama-it-wo...
Watched that cunt die in Contagion last night after getting sick, fucking her ex and then killing her son via casual contact.
That was the one movie where I thought she played her real self.
Snyder.
The guy could be what is ZeroHedge today, sorry that did not have the guts.
Earlier I talked with him through comments as I do here - writing in my language and translating the Google translator.
A lot of commentators from other countries appeared on his page.
Most telling what they think of the United States, her vision of the USA from their countries.
The guy tuned, has a way of just who is in the United States can make comments on it three pages namely:
1 http://thetruthwins.com/
2 http://endoftheamericandream.com/
3 http://theeconomiccollapseblog.com/
The guy is the inverse of the Saker, I talk good.
Snyder is a guy who closed an egg and make comparisons only knows, just geopolitics creativity.
My hope was that he - snayder - replace a guy that I respect a lot:
http://www.paulcraigroberts.org/
hehe.
one thing US still dominate
- freedom of speech
see what happen if you post Tiananmen in the weibo
As long as it is politically correct speech.
What a bunch of pansy fuckin nerds.
The place is a fucking science fiction nightmare.
The cancer rate is soaring because THEY HAVE NO ENVIRONMENTAL LAWS. The growth rate is a lie. The game is to export shit to dumb fucks across the planet. Produce it cheaper no matter what (dump mercury in a river that your own family uses).
It is the matrix. You get used for your low level brain, then you consume, maybe marry, drink a lot of toxic water beer, get cancer from smog, sewer food and then die.
Meanwhile the 50,000 or so rich chinks - including the military - are moving out - taking their fucking cash and getting out of the shit hole they created. They are moving all over the world - none of them want to live where they shit. The rest will live a fast, miserable life cycle designed to suck them dry. Good for those students in HK who are saying no fucking thanks to that freak of a society.
What a scam. Wait until it is revealed how extensive the food export scandal is, the fact that they have crested will be obvious. Right now, Americans are getting dirty butt fucked by chink food congloms - everything from fake organic to outright sewer bred frozen meat that makes it here to our box shitstores. Go to those places and yes everything is a scam - it is all "made" in China. See something with a label that does not tell you where it is from ? Its from Toxic Wastchinkland.
And you pansies are admiring their wonderful Communist turned scammer magic ?
Confucious Say: Fuck you..
Cancer is soaring in china because the coal they burn in power plants contain metals such as uranium. It is not seperated because of cost.
Actually the whole country is covered with exotic metals found only there, especially the rare earth & magnetic elements.
Fastest train? No. That would be either the Germans, Japanese or French, depending on who ran a test track the most recently. The top speed is about 571kph, and this does not include the JP maglev. This does not really matter as physics and costs cap functional top speeds at 320kph, perhaps a few kms/hour more but not much.
China HSR is from 250-310kph routinely on serviced track with paid passengers. A bit slower than some EU and Japanese trains, but still up to par.
Most extensive? Absolutely and new lines open each month this year and next.
I think China has more HSR than the rest of the world, combined.
BTW the entire Western Hemisphere has NO HSR. The Acela does not count. It only gets to 200kph for a few kms in Rhode Island.
The Chinese are smarter . Learn to live with it .
See https://www.academia.edu/8715034/Sherlock_Holmes_and_Watson
Or get smarter yourself :
http://andreswhy.blogspot.com/2014/10/prodigies-update-ii.html
Your choice .
If you want to whine , please do so outside audible frequencies .
They're smart but also so corrupted they can't get anything done. Better to stay away from them.
No Nobel Prize winners in natural sciences.
I can see many of ZHers don't travel outside of their states. This time I will take out Geiger Counter when airplane approaches Sendai, Japan.
I'll have to add poluted shitholes to my travel list.
Buddha's Blessing is on China , its the morality that governs fate
Whereas America has become land of Sodom & Gomorrah
Go stand in Tiananmen square u fucking sell out.
World leader in building empty ghost cities. Fuck China.
China is also #1 in corruption, pollution, civil unrest, emmigrants, etc...just to name a few.
Never count on that country.
I count on 'em for iCrap.
I am not convinced the equation is that simple. The current trend supports the conclusion, but there exist too many similiarities with Japan´s development from rise to stagnation and fall.
Anti American propaganda and I don't buy it. China is poised to bust like we've never seen before.......well maybe like 1980's Japan
http://armstrongeconomics.com/2014/10/09/the-dollar-the-greatest-short-p...
"Numerous countries and foreign companies borrow in dollars for rates have been cheap. This trend has masked the decline in China for Chinese companies were borrowing dollars at 1% in Hong Kong and depositing in Beijing collecting 5%. However, because world trade is measured simply by capital movement, this carry-trade masked the fact that real trade was declining matching the performance of the Shanghai Index."
An historic obituary for those who believe they are the "chosen" and "exceptional" people.
SAT800 Please knock it off!
the chinese own the most of our countries debt your little cut the ships off and poof we become a whole country again is puerile bullshit!
ya those ships get cut off those treasuries get dumped and you become no better than a frog now be a good lil slave and learn some goddam Mandarin if you're serious about a future in the U.S!
China's s rockin but i would not want to live there . How about you . ?.
Government interference in the United States economy = Where we are today.
Them squinty eyed fuckers still can't drive worth a shit. China "surpasses" America in highway fatalities like 50:1.
They also rule when it comes to slave labor and shitting on the side of the road.
Why the anger and fear over this? Ya all just can't help yourselves. Envy, fear and ignorance working in concert. Economics isn't a zero sum game. If china surpasses the U.S. as the global economic leader, but it results in an economic improvement in Americans lives, does the world end? No, but what does happen is you provide the fuel for elite busy-bodies to start cold and hot wars.
May as well accept it, it's happening.
Give it 20 years and China will be outsourcing to the US
You forgot one.
China is also #1 in IP theft.
LOL. A lot of Butthurt Merikans.
But you can grasp this little stat:
Amerika is still #1 for gun ownership. Not that it makes a fat lot of difference to the way your Gov treats it's citizens.
Well done. USA! USA! USSA! USSA!
Now everyone can be an 'american' !