1. NS3040 GDP Comparisons Fall Term, 2017
Federal Reserve Bank of Chicago, Strong Dollar Weak Dollar

2. U.S./China GDP Comparisons I
In 2013 China became the world’s largest economy

3. U.S./China GDP Comparisons II
Still relative wealth of Americans much higher
GDP per capita in China (2012/2013) is $10/11,000 on a par with middle income countries like
Romania -- $11,000
Uruguay -- $12,000
Turkey -- $13,000
In contrast the US GDP per capita was $45/46,000
While this gap is closing, even if current growth rates continue, China not expected to overtake U.S. in per capita terms for another decade
If growth rates drop from 7-8% to 5-6% over the period it may not be until 2050 that China may match U.S. per capita incomes

4. U.S./China GDP Comparisons III

5. U.S./China GDP Comparisons IV
Even Dragons Tire, Economist, October 25, 2014

6. EU GDP Revisions
Changing the Scales, Economist August 23, 2014

7. Shifts in World GDP
The World’s Biggest Economies, Economist, October 11, 2014