In the first half of this year, the US economy grew by 6.5% and China’s economy grew by 12.7%, narrowing the GAP between China and the US.

The United States has been the world’s largest economy for 125 consecutive years. However, as the US is being bitten by inflation caused by excess liquidity in the market and burdened with $28.5 trillion in foreign debt, its economic prospects are not optimistic.
The GDP gap between China and the US in 2020 is 6.2 trillion US dollars. According to the economic growth forecast of Goldman Sachs, a well-known investment bank, China’s GDP will reach 110.12 trillion yuan (about 17.05 trillion US dollars) next year, while the US’s GDP in 2021 will be about 22 trillion US dollars. The difference in GDP between the two is $4.95 trillion.
As a result, China’s GDP gap with the United States has narrowed by $1.25 trillion (about 8.07 trillion yuan).