ECONOMIC POWER - Communist China vs. Western World

UPDATE (27 JULY 2020)

As of today, this balance of economic power has more or less remained the same.

Yes, the Wuhan Virus has severely mangled the global economy.

But everyone appears to have been uniformly impacted.

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ORIGINAL POST (11 FEBRUARY 2016)

Much has been said about the current Economic Power of Communist China. Let us see how the Nominal GDP figures stack up.

The Nominal GDP of the key countries in the Western World are as follows:

   EU - $18.5 Trillion

   US - $17.9 Trillion

   Latin America - $9.5 Trillion

   Japan - $4.1 Trillion

   Canada - $1.6 Trillion

   South Korea - $1.3 Trillion

   Australia - $1.2 Trillion

   Philippines - $0.3 Trillion

That's a combined total of $54.4 Trillion!

Now, let's take a look at Communist China and her lone ally:

   Communist China - $11.4 Trillion

   North Korea - $0.0 Trillion

That's an almost 5:1 advantage for the Western World!

So tell me again about the Economic Power of Communist China...