China is feeling pretty good about itself. On November 1, President Ji Xinping said the economy will double by 2035. He has reason to be bullish. China has the most people. It produces the most Apples, Aluminum and Autos, and has the world’s biggest Army. And we’re not even out of the “A’s” yet. (Further down the alphabet, it also grows the most wheat.) Each year China files more patent applications than every other country in the world put together. It has $3.3 trillion in foreign reserves and is the world’s number one exporter. It’s not the largest economy in the world yet, but it should pass the U.S. as its domestic consumption takes off. They should enjoy it while they can, because China’s time at the top will be short. How short? 30 years or so, according to the analytics.
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China’s On Top Of The World, But Not For Long
