There's a battle going on between the Economic Superpowers of the world , America vs china economic war by Info mative
- 4 years ago
There's a battle going on between the Economic Superpowers of the world , America vs china economic war by Info mative
you think of the fastest growing economies in the world you might think of a country like China, because they have been growing at a high rate of roughly 6 to 7% per year for the past several years, and have become an economic superpower. But.China is actually not even in the top 20 fastest growing economies on the planet. In fact, when you take a look at the 50 fastest growing economies on the planet, roughly 38% of them come from one single continent. A continent that is quickly becomina the economic battle.
When you think of the fastest growing economies in the world you might think of a country like China, because they have been growing at a high rate of roughly 6 to 7% per year for the past several years, and have become an economic superpower. But.China is actually not even in the top 20 fastest growing economies on the planet. In fact, when you take a look at the 50 fastest growing economies on the planet, roughly 38% of them come from one single continent. A continent that is quickly becoming the economic battleground of the world. This is Africa. In 2002, the GDP per capita of Sub-Saharan Africa was a paltry $588. Yet by 2019, the GDP per capita had grown to well over $1600. That is a 272% increase in the wealth of the Continent in less than 2 decades. This massive increase in wealth has brought many of Africa's countries like Nigeria, Botswana, and Ghana out of relative poverty, and into the middle-income class of the world. But th Screenshot has been saved to/Pictures/Screenshot 's economy out of poverty? Or maybe more importantly, who has brought Africa's economy out of poverty.
#Americachina
#indiachina
#economicwar
Thanks for watching
you think of the fastest growing economies in the world you might think of a country like China, because they have been growing at a high rate of roughly 6 to 7% per year for the past several years, and have become an economic superpower. But.China is actually not even in the top 20 fastest growing economies on the planet. In fact, when you take a look at the 50 fastest growing economies on the planet, roughly 38% of them come from one single continent. A continent that is quickly becomina the economic battle.
When you think of the fastest growing economies in the world you might think of a country like China, because they have been growing at a high rate of roughly 6 to 7% per year for the past several years, and have become an economic superpower. But.China is actually not even in the top 20 fastest growing economies on the planet. In fact, when you take a look at the 50 fastest growing economies on the planet, roughly 38% of them come from one single continent. A continent that is quickly becoming the economic battleground of the world. This is Africa. In 2002, the GDP per capita of Sub-Saharan Africa was a paltry $588. Yet by 2019, the GDP per capita had grown to well over $1600. That is a 272% increase in the wealth of the Continent in less than 2 decades. This massive increase in wealth has brought many of Africa's countries like Nigeria, Botswana, and Ghana out of relative poverty, and into the middle-income class of the world. But th Screenshot has been saved to/Pictures/Screenshot 's economy out of poverty? Or maybe more importantly, who has brought Africa's economy out of poverty.
#Americachina
#indiachina
#economicwar
Thanks for watching