China's GDP grew from $261 million in 1979 to approximately $12 trillion today; per capita income rose from $270 a year (nominally) to $7,500, or $14,000 in purchasing power parity; China's national income is now 60% of the US economy, up from 6% in 1992 and 25% in 2007.

factualpending

Speaker

Steven Codkin

Evidence Quote

China's income overall national income its total economy in nominal dollar terms is now 60% of the US. In 1992, China was 6% of the US economy. In 2007, China was 25% of the US economy.

Source

Stephen Kotkin: Sphere of Influence I - The Gift of Geopolitics: How Worlds are Made, and UnmadeIWMVienna
Created: 8/12/2026, 6:14:33 PM

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