Friday, July 19, 2013

China will surpass U.S. as biggest economy: Poll

U.S. President Barack Obama (R) and Chinese President Xi Jinping
U.S. President Barack Obama (R) and Chinese President Xi Jinping walk the grounds at The Annenberg Retreat at Sunnylands in Rancho Mirage, Calif., June 8, 2013. REUTERS/Kevin Lamarque

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WASHINGTON ? People all over the world increasingly believe China will overtake the U.S. as the largest economy, according to a new poll.

Pew Research interviewed nearly 38,000 people in 39 countries from March 2 to May 1. And a majority or plurality in 23 of those nations think China will overtake the U.S. as the world's economic superpower.

But the communist country has a large gap to close: Last year, China's GDP was just over US$8 trillion, while America's was almost $16 trillion.

And while 66% of Chinese people think their country will surpass the U.S., only 47% of Americans think it will happen, while an equal 47% of Americans don't.

But even if people around the world believe China's economy will overtake America's as the world's biggest ? experts believe it, too, and say it could happen between 2016 and the 2040s depending on the forecast ? people don't think very highly of China.

According to the poll, just 50% of those surveyed have a favourable view of China compared to a 63% favourability rating for the U.S. Likewise, while 70% think the U.S. respects individual rights, only 36% think China does.

"China's increasing power has not led to more positive ratings for the People's Republic," the Pew report says.

Among Canadians, 67% think China will surpass the U.S. and 64% have a favourable view of America.

The poll's margin of error changes depending on the country. For Canada, it's accurate to within 3.7 percentage points.

bryn.weese@sunmedia.ca

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Source: http://www.torontosun.com/2013/07/18/china-will-surpass-us-as-biggest-economy-poll

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