How stupid do they think China is

  • Self_Sealing_Stem_Bolt [he/him, they/them]
    ·
    3 months ago

    an annual review of the world’s second-largest economy

    What weird hollywood accounting are they using to put China's economy behind amerikas lmao

    • AstroStelar [he/him]
      ·
      edit-2
      3 months ago

      Using nominal GDP instead of GDP adjusted for purchasing power parity (PPP). America still leads in the former because the same goods and services cost more there than in China.

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      • Kieselguhr [none/use name]
        ·
        3 months ago

        this is also the same neat trick they use when they say Italy's economy is bigger than Russia's