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China overtakes US as the the world's largest economy, says IMF - Politics - Nairaland

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China overtakes US as the the world's largest economy, says IMF by Nobody: 5:09am On Oct 09, 2014
China has toppled America to become the biggest economy in the world, according to figures from the International Monetary Fund.

The White House seemed caught flat-footed by the news, crowing on Wednesday about America's relative economic strength in comparison with the rest of the world. 

The US has been the global leader since it overtook Britain in 1872, but has now lost its status as top dog.

The latest IMF figures show the Chinese economy is worth $17.61 trillion compared with $17.4 trillion for the U.S.
Re: China overtakes US as the the world's largest economy, says IMF by Nobody: 5:10am On Oct 09, 2014
Re: China overtakes US as the the world's largest economy, says IMF by eleojo23: 5:19am On Oct 09, 2014
OK
Re: China overtakes US as the the world's largest economy, says IMF by adekennis(m): 5:28am On Oct 09, 2014
Who doesn't knw this... undecided
Re: China overtakes US as the the world's largest economy, says IMF by DaWorshiper(m): 6:15am On Oct 09, 2014
Good for them.
Aldo e no concern me.
Re: China overtakes US as the the world's largest economy, says IMF by F117A: 6:28am On Oct 09, 2014
God bless china.
Nigeria should begin to earmark a strong strategic relationship with china.
We must be china's main ally in africa.
It's only a matter of time before they trump the US in everything,from technology to military power.
Their infrastructure already blows that of the US away.

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Re: China overtakes US as the the world's largest economy, says IMF by 76Naira(m): 6:33am On Oct 09, 2014
US bebt is just about 17.8 trillion USD? That is one massive figure. About 55K USD per citizen.
Re: China overtakes US as the the world's largest economy, says IMF by F117A: 6:35am On Oct 09, 2014
I am sure the next phase for china is to begin a sort of DV lottery scheme.
That way they leverage on the brains of hapless 3rd world citizens to help improve the quality of their technology and economy, just like the US and UK did and are still doing for decades.
It would probably be the greatest brain-drain phenomenon to ever hit africa.
Re: China overtakes US as the the world's largest economy, says IMF by chinwike2(m): 6:44am On Oct 09, 2014
USA over to you
Re: China overtakes US as the the world's largest economy, says IMF by yuncka: 7:12am On Oct 09, 2014
Dis one na news? China has been on top for a very long time now but nobody wants to admit it. I gues d margin has bcome to wide to use celo-tape on.
Re: China overtakes US as the the world's largest economy, says IMF by Nobody: 7:24am On Oct 09, 2014
The funniest thing is that, out of the 17.4 trillion USD of the American economy, about 14 trillion USD of the money belongs to china, cos America is indebted to China in large sum. In fact, 3/4 of American economy is owned by china.

Next God willing is Naija, we will topple America.
Re: China overtakes US as the the world's largest economy, says IMF by fuadnero(m): 7:26am On Oct 09, 2014
At last it's time..
Re: China overtakes US as the the world's largest economy, says IMF by EMANY01(m): 7:29am On Oct 09, 2014
F117A:
I am sure the next phase for china is to begin a sort of DV lottery scheme.
That way they leverage on the brains of hapless 3rd world citizens to help improve the quality of their technology and economy, just like the US and UK did and are still doing for decades.
It would probably be the greatest brain-drain phenomenon to ever hit africa.

Never gonna happen.China is the most racist society in the world .Wait for them to finish with the consolidation of their power and all of you western haters would realize how so much better Africa's relationship with the west was.

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Re: China overtakes US as the the world's largest economy, says IMF by F117A: 8:25am On Oct 09, 2014
EMANY01:


Never gonna happen.China is the most racist society in the world .Wait for them to finish with the consolidation of their power and all of you western haters would realize how so much better Africa's relationship with the wRpRest was.
Rubbish.
You think you are talking to an illiterate american?
lol.
China did not get to where they are by being racist.
They dont care where you come from , all they want is to do business.
Unlike america, china is not held back by western hypocritical morality and arrogance.
Check out the quality of trade and investments between Nigeria-china and Nigeria-US and tell me who is racist.

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