China’s Gonna Take Our Lunch Money December 29, 2013Posted by geoff in News.
I read Anne Applebaum’s article on China and Russia in the WaPo the other day. She titled it: China and Russie bring back Cold War tactics
Having written some 40-odd posts on our new Cold War back in 2006-2008, it was nice to see yet another person from the mainstream finally starting to notice the realignment of the geopolitical turf. Sadly, though, she stopped short of calling it a Cold War.
“Is this a new Cold War?”
Every time I say anything to anyone anywhere about Russia nowadays, that’s what I’m asked. And there is a clear answer: No. This is not a new Cold War. Neither the United States nor Europe is locked in a deadly, apocalyptic competition with Russia, China or anyone else. We are not fighting proxy wars. The world has not been divided into two Orwellian halves, democrats vs. communists.
I would note that our adversaries certainly are fighting proxy wars, and that while the world may not be quite halved (nor was Orwell’s), it’s quite apparent that the Russia-China alliance is focused on displacing the United States as the world’s only superpower. It’s also true that the economic battleground has intensified compared to the old days, when the commies didn’t have a competitive GDP.
That reminded me that I hadn’t compared the GDPs of China and the US for several years. So I hopped online and updated the numbers:
That’s a little worrisome. China has huge problems in their GDP reporting, but so do we. And while we’ve been sitting on our thumbs, waiting idly for their demographic and/or economic collapse, they just keep coming.
When I last plotted that graph, economic pundits predicted that China would become the world’s largest economy by 2025. Looks like they’ll beat that by about 5 years.