The Most Genius Country???

The world dynamics are pretty much changing very swiftly. Many things have happened and are happening that is totally unconventional. The world is going in a different direction. Many countries are fighting to become the greatest power. But in actual which country will be going to become the greatest power?

  • Introduction:

  • The world dynamics are pretty much changing very swiftly. Many things have happened and are happening that are totally unconventional. The world is going in a different direction. Many countries are fighting to become the greatest power. And many countries are showing their dominance. But in actual which country will be going to become the greatest power?
  • Major Countries of World:

  • The major superpowers are the following: 1. The United States of America 2. The Republic of China Well, for me the most genius country is China and in the near future, it can beat America.
  • Statistics of America:

  • 1. United States World’s leading commercial services trader in 2018. 2. It is the world's largest economy by nominal GDP and net wealth and the second-largest by purchasing power parity (PPP). 3. It also has the world's eighth-highest per capita GDP (nominal) and the tenth-highest per capita GDP (PPP) in 2018. 4. The U.S. has the most technologically powerful economy in the world and its firms are at or near the forefront in technological advances. 5. The U.S. dollar is the currency most used in international transactions and is the world's foremost reserve currency, backed by its economy, its military, debt reimbursement, and the petrodollar system. 6. It is the world's largest producer of petroleum and natural gas. 7. The goods trade deficit with China rose from $347 billion in 2016 to $376 billion in 2017, an increase of $30 billion or 8%. In 2017, the U.S. had a goods trade deficit of $71 billion with Mexico and $17 billion with Canada. 8. The United States is the world's second-largest trading nation. There is a large amount of U.S. dollars in circulation all around the planet; about 60% of funds used in international trade are U.S. dollars. 9. America offers much more freedom in comparison to China and Russia. 10. America is involved in wars in many countries like Afghanistan, Syria, and Iraq. China is not involved in any proxy wars. 11. American economic importance in world economics has seen a negative trend in recent years.
  • Statistics of China:

  • 1. China is the country with the largest population and it is fourth-largest in terms of area. 2. It has the second-highest GDP and is still a developing country. 3. China plays an important role in World economics, China has more than 20% share in World GDP. 4. The socialist market economy of the People's Republic of China is the world's second-largest economy by nominal GDP and the world's largest economy by purchasing power parity. 5. China is one of the major fastest-growing economies. 6. China has launched the AIIB(Asian Infrastructure Investment Bank) in response to the World Bank, the Asian Development Bank, and International Monetary Fund. 7. China has controlled Democracy. 8. There is no Whatsapp and Facebook. 9. Everything in China is controlled by the Government. 10. China is a key player in Southeast Asia. 11. China has a border with 14 countries including India and Pakistan. 12. Both the IMF and the World Bank now rate China as the world’s largest economy based on Purchasing Power Parity (PPP), a measure that adjusts countries’ GDPs for differences in prices. In simple terms, this means that because your money stretches further in China than it would in the US, China’s GDP is adjusted upwards. 13. The Asian country accounted for 28% of all growth worldwide in the five years from 2013 to 2018, more than twice the share of the United States, according to the International Monetary Fund.
  • Reasons for Choosing China:

  • 1. China is not involved in major conflicts like America. The Afghan war has been a shame for America. 2. China has now been pursuing its international goals more effectively. 3. Through the One Belt One Road initiative, China has been investing heavily in Asia as well as in the Africa region. Thus this increases there influence on many important countries such as Pakistan. Now China has more African students in their universities than in America 4. Although China never directly involves itself in conflicts it is an important mediating partner. For example in the North Korean crisis, China forced North Korea for negotiations. 5. China never cuts its ties with the US. China did not cut off ties with Iran as well as North Korea. So that makes them more effective. 6. China has never been involved in proxy wars like the US and Russia. As a result, they have not signed much of Nuclear arms control agreements. SO it can do anything it wishes. 7. Though China's controlled democracy, China has been a great success. China has banned Facebook and Whatsapp, so they are far away from western plots. Thus the US will have a minimum effect. 8. China has now become more important for America. This is because China mostly produces things that are required for day to day use. This is the reason sanctions between the two countries are hurting America's middle class more. 9. China is slowly showing its authority in the region. Especially in the scenario of Hong Kong and the control of unoccupied Islands. Even China is ready to fight on these issues. 10. Although America is far away from China in terms of technology and military it is a matter of time before China beats America in these areas well. According to UNESCO China Education is improving at a better rate.
  • Sources:

  • 1. https://www.weforum.org/agenda/2016/12/the-world-s-top-economy-the-us-vs-china-in-five-charts/ 2. https://www.reuters.com/article/us-economy-global-kemp-column/china-has-replaced-u-s-as-locomotive-of-global-economy-kemp-idUSKBN1XF211 3. http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?Language=E&Country=US 4. http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?Country=CN 5. https://en.unesco.org/news/case-study-china-unesco-science-report-now-available-chinese 6. https://qz.com/africa/1017926/china-has-overtaken-the-us-and-uk-as-the-top-destination-for-anglophone-african-students/
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