Is China the fastest growing economy in the world? or the U.S.?

Question

Is China the fastest growing economy in the world? or the U.S.?

Answer 1

Emerging markets like Poland are growing faster than China.

Answer 2

Yes i think they produce many items that people would buy for daily needs look in your house at least 1 thing should be made in china the us would us threats to get its money it gets billions from other country's cause there all US puppets .

Answer 3

US GDP is $13 trillion, China GDP is $10 Trillion, divide that out by the number of people China has and that number doesn't look so good anymore.

China's growth per year is much better than the US, but they also have inflation issues that are worse than the one in the US.

Answer 4

I heard that China will need another planet to get its resources from in like 15 years!   I guess they make too much stuff.

Answer 5

China by a long way about 10% a year. The US growth is very slow right now (<1%)  but over the last 30 years has  had productivity grow (2.7%) near the average of industrialized nations and slightly higher GDP growth (about 3.5%) because our population is increasing faster than most.

Answer 6

It´s China but simply because we measure growth in the following way

(Y-Y`)/Y`=Y/Y` - 1

Y=total production in period t

Y`=total production in period (t-1)

In t-1, we´re talking about the recent past. China was very poor in the China of Mao. On the contrary USA was rich in the recent past, more or less just like in the present.