[lbo-talk] China Sees U.S. as Competitor and Declining Power

Dennis Redmond metalslorg at gmail.com
Mon Apr 2 12:02:09 PDT 2012


On Mon, Apr 2, 2012 at 1:48 PM, Wojtek S <wsoko52 at gmail.com> wrote:


> report how leadership of a powerful and growing nation sees the US and
> its role in relation to their own country.

Though it's not just China - all of the BRICs have been growing fast. At market exchange rates, the BRICs were 4.1% of the world economy 1999, while the US comprised 30% and the EU 28.9%.

The numbers for 2011: EU 25.6%, US 21.5%, BRICs 18.9% (about $13 trillion in output, closing in fast on the US).

The multipolar world is here to stay.

-- DRR



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