China will pass the U.S. by 2030


Not really news…but just more data

The National Intelligence Council – the same thinkers who produce National Intelligence Estimates – has released an 140-page report that offers a series of prognostications about how the world might change in coming decades.

The report is full of all kinds of fun concepts, like powered exoskeletons designed to help the elderly, bio-based energy and 3-D printing. You can read the full report here.

But one of the biggest economics themes of the report is the rise of a much stronger Asia. China alone is mentioned some 300 times. One of the attention-grabbing assertions: China’s economy will surpass that of the U.S. by 2030.

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