The one main event of this year was the deepening of the Sino-Russian alliance due to stupid and inane moves on the part of the Anglo Americans. With Russia and China in a united front, there is no way that the USA can control the World Island, and that’s that. In equal measure, it’s due to the stupidity of Joe Biden, Ted Cruz, Chilly Hilly, and John McCain… under the skin, they’re all alike. That’s scary.
BMD
“I’m against American aggression in Hong Kong”. Didn’t you find it “coincidental” that riots broke out in China soon after Russia and China made a major agreement wetting down their alliance? Firstly, China will NOT make the mistakes of Tiananmen… there’ll be no bloodshed. The riots will end… the government will end them… but without the kerfuffle of Tiananmen. China supports the freedom-loving Christian Socialist patriots of Novorossiya. No wonder that Langley wants to destabilise them. Don’t fall for American propaganda… support China! China supports Russia and stands against American aggression in the Ukraine. “I’m against American aggression in Hong Kong”… you won’t be alone.
BMD
The USA should’ve kept its big mouth SHUT on the Hong Kong disturbances. Now, they’ve made the Chinese “lose face” in public, and it takes the Chinese DECADES to get over what they perceive as insults. They won’t say anything… but they wait for the opportune moment to get even. The Bear smiles… the clueless Anglo American toddlers did it again. Don’t they EVER learn?
BMD
Voices from Russia 
China Surpasses USA as World’s Largest Economy Based On GDP/PPP
Tags: American eagle, american economy, business, Business and Economy, cartoons, Chinese, Chinese Dragon, Chinese economy, Economic, Economic growth, economics, economy, Economy of the United States, editorial cartoons, GDP, Gross domestic product, IMF, International Monetary Fund, political commentary, politics, Purchasing Power Parity, United States, USA, Vitaly Podvitsky, World economy
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International Monetary Fund estimates show that China surpassed the USA in terms of GDP based on purchasing power parity (PPP), becoming the largest in the world by this measure. FT reported citing IMF data that in 2014, China had 17.6 trillion USD (711 trillion Roubles. 108 trillion Renminbi. 1.08 quadrillion INR. 19.72 trillion CAD. 20.27 trillion AUD. 13.94 trillion Euros. 10.95 trillion UK Pounds) or 16.48 percent of the world’s PPP-adjusted GDP, while the USA had slightly less, 16.28 percent or $17.4 trillion USD (703 trillion Roubles. 107 trillion Renminbi. 1.07 quadrillion INR. 19.49 trillion CAD. 20.04 trillion AUD. 13.79 trillion Euros. 10.83 trillion UK Pounds). PPP is the best way to compare the size of economies and not using volatile exchange rates, which rarely reflect the true cost of goods and services. Thus, a trillion US dollars (40.4 trillion Roubles. 6.13 trillion Renminbi. 61.3 trillion INR. 1.12 trillion CAD. 1.15 trillion AUD. 792 billion Euros. 622 billion UK Pounds) are worth a lot more in China than in the USA. The IMF forecast stated that, on a PPP-basis, China is overtaking the USA right about now, becoming the world’s biggest economy. The USA has been the global leader since overtaking the UK in 1872. Previously, most economists thought China would pull ahead in 2019. According to IMF estimates, in 2015 the gap between China and the USA will increase to almost a trillion USD… Chinese GDP/PPP will amount to 19.23 trillion USD (777 trillion Roubles. 118 trillion Renminbi. 1.18 quadrillion INR. 21.54 trillion CAD. 22.14 trillion AUD. 15.23 trillion Euros. 11.96 trillion UK Pounds) against 18.286 trillion USD (739 trillion Roubles. 112 trillion Renminbi. 1.12 quadrillion INR. 20.49 trillion CAD. 21.05 trillion AUD. 14.49 trillion Euros. 11.38 trillion UK Pounds) in the USA. However, in terms of nominal GDP, the USA remains the undisputed world leader with 16.8 trillion USD (679 trillion Roubles. 103 trillion Renminbi. 1.03 quadrillion INR. 18.82 trillion CAD. 19.35 trillion AUD. 13.31 trillion Euros. 10.46 trillion UK Pounds) in output, significantly outpacing China with 10.4 trillion USD (421 trillion Roubles. 63.8 trillion Renminbi. 638 trillion INR. 11.65 trillion CAD. 11.98 trillion AUD. 8.24 trillion Euros. 6.47 trillion UK Pounds).
8 October 2014
RT
http://rt.com/business/194264-china-surpass-us-gdp/