U.S. Study Sees China as No. 1 Economy by 2030

[jsr]

http://www.nytimes.com/2012/12/11/world/china-to-be-no-1-economy-before-2030-study-says.html

December 10, 2012
U.S. Study Sees China as No. 1 Economy by 2030
By THOM SHANKER

WASHINGTON — A new intelligence assessment of global trends projects that China will outstrip the United States as the leading economic power before 2030, but that America will remain an indispensable world leader, bolstered in part by an era of energy independence.

Russia’s clout will wane, as will the economic strength of other countries reliant on oil for revenues, the assessment says.

The product of four years of intelligence-gathering and analysis, the study, by the National Intelligence Council, presents grounds for optimism and pessimism in nearly equal measure. The council reports to the director of national intelligence and has responsibilities for long-term strategic analysis.

One remarkable development it anticipates is a spreading affluence that leads to a larger global middle class that is better educated and has wider access to health care and new communications technologies like the Internet and smartphones. The report assesses global trends to 2030. ...

[thelordofhell]

1. Are they including the huge China crash that's inevitable

Since their markets are hugely over-inflated

[uponit7771]

2. Wasn't similar predictions made about Japan? Regards

[dipsydoodle]

3. Asia 'to eclipse' US and Europe by 2030 - US report

Asia will wield more global power than the US and Europe combined by 2030, a forecast from the US intelligence community has found.

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It also warns of slower growth and falling living standards in advanced nations with ageing populations.

http://www.bbc.co.uk/news/world-us-canada-20671917