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c span
By Rodney Pelletier, Church Militant, October 21, 2020
Chinese money machine
Communist China is marching forward, seeking to permanently supplant the United States as the world’s top economic superpower.
A well-respected economic model is calling China the biggest economy in the world. According to recent numbers from the gross domestic product model of the International Monetary Fund (IMF), the Chinese economy is worth roughly $24 trillion, whereas the U.S. economy is worth roughly $21 trillion.
The IMF also reveals that China’s wealth has nearly doubled since 2010 — that’s twice the rate of wealth increase in the United States. This should be a shock to Americans.
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