| | During the Post-Maoist Reform era after 1978, China introduced a system known as capitalist management of socialism, which it operates under today. China is not a true market economy, as the key resources, such as land, is not privately owned; the so-called collective ownership is still de facto government ownership. Moreover, in the Communist Regime's Constitution, Mainland China is still officially a Communist country. | | During the Post-Maoist Reform era after 1978, China introduced a system known as capitalist management of socialism, which it operates under today. China is not a true market economy, as the key resources, such as land, is not privately owned; the so-called collective ownership is still de facto government ownership. Moreover, in the Communist Regime's Constitution, Mainland China is still officially a Communist country. |
| − | In 1985, based on [[IMF]] data,<ref>https://www.imf.org/en/Publications/SPROLLs/world-economic-outlook-databases</ref> China was the eleventh largest economy, with a GDP of $313 billion, below the United States, Soviet Union, Japan, Germany, United Kingdom, France, Italy, Canada, Spain, and the Netherlands. China quickly got to tenth in 1990, with its $398 billion. China managed to get to eight in just five years, with a GDP of $737 billion. However, during this time, the Russian economy was collapsing, which meant that China went to seventh. The Italian economy got overtaken by the Chinese economy of $1.215 trillion in 2000. However, China nearly tied France and England around the $2.5 trillion mark. When the [[2008 financial crisis]] hit America and Europe, China boomed even further, becoming the 3rd largest economy in 2010, nearly tying Japan, with a $6 trillion GDP. It went up to $11 trillion in 2015, clearly becoming the 2nd largest economy. In 2020, it hit 100 trillion yuan ($15.21 trillion), when the United States went down to $20 trillion, and Japan went down to $5 trillion, because of the [[CCP pandemic]]. China is expected to get to $25 trillion in 2025 and possibly hit $33 trillion in 2030, surpassing the United States' 30 trillion. The media appears to be cheering for China.<ref>https://danaloesch.com/some-media-democrats-diligently-defending-communist-china/</ref> In 2050, China could dwarf and double the US economy and military, with an overwhelming $100 trillion GDP, based on PricewaterhouseCoopers projections. China is eager to get the 1st place from the US and promote its agenda in an extreme way, even through killing 1.5 million people through a biological weapon, the Coronavirus.<ref>https://news.yahoo.com/china-wants-coronavirus-over-world-103022425.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAABU08fCU41_1iiHCipf28-7_ZzDeZ1xsqnWjIlewL_m1LPsgFnAbOgcC_r8OzFxnOTfAnJMDLX7qEvI-y0LbA0-MMZvle-8bHV9JlIOcxi57gVNTu2Zg8hkvUxKU0OGbiV5D3O3y5RMKgfg0lxQzQL54IzVrdjsONW6tsdqj6icA</ref> | + | In 1985, based on [[IMF]] data,<ref>https://www.imf.org/en/Publications/SPROLLs/world-economic-outlook-databases</ref> China was the eleventh largest economy, with a GDP of $313 billion, below the United States, Soviet Union, Japan, Germany, United Kingdom, France, Italy, Canada, Spain, and the Netherlands. China quickly got to tenth in 1990, with its $398 billion. China managed to get to eight in just five years, with a GDP of $737 billion. However, during this time, the Russian economy was collapsing, which meant that China went to seventh. The Italian economy got overtaken by the Chinese economy of $1.215 trillion in 2000. However, China nearly tied France and England around the $2.5 trillion mark. When the [[2008 financial crisis]] hit America and Europe, China boomed even further, becoming the 3rd largest economy in 2010, nearly tying Japan, with a $6 trillion GDP. |
| − | By 2015, China led the world in production of ships, iron, steel, textiles, cement, chemicals, toys, electronics, railcars, aircraft, solar cells, shoes, cellphones, air conditioners, and personal computers. More than 80% of medical pharma materials came from China. In rare earth minerals, which are vital to so many high technology industries, by 2021 China had an 80% lock on the supply. Other sectors the CCP means to dominate include satellite technology, [[AI]], cyber, quantum computing and communications, battery development and manufacturing, and robotics.
| + | In 2015 China grew to $11 trillion, clearly becoming the 2nd largest economy. China led the world in production of ships, iron, steel, textiles, cement, chemicals, toys, electronics, railcars, aircraft, solar cells, shoes, cellphones, air conditioners, and personal computers. More than 80% of medical pharma materials came from China. In rare earth minerals, which are vital to so many high technology industries, by 2021 China had an 80% lock on the supply. Other sectors the CCP means to dominate include satellite technology, [[AI]], cyber, quantum computing and communications, battery development and manufacturing, and robotics. |
| − | By 2020 under Communism, China had a ''per capita'' income below [[Mexico]] but above the [[Dominican Republic]]. 40% of the population lives on less than $5 per day.
| + | In 2020, it hit 100 trillion yuan ($15.21 trillion), when the United States went down to $20 trillion, and Japan went down to $5 trillion, because of the [[CCP pandemic]]. China had a ''per capita'' income below [[Mexico]] but above the [[Dominican Republic]]. 40% of the population lives on less than $5 per day. |