Trump Vows China’s Economy Won’t Surpass U.S. on His Watch

[beijingwalker]

Trump Vows China’s Economy Won’t Surpass U.S. on His Watch
By Karen Leigh
May 20 2019

• 
  ‘China is obviously not doing well like us,’ Trump says
• 
  IMF, HSBC projected China could be biggest economy by 2030

President Donald Trump said he was “very happy” with the trade war and that China wouldn’t become the world’s top superpower under his watch.

“We’re taking in billions of dollars,” Trump told Fox News Channel’s Steve Hilton when asked about the end game on the trade war. “China is obviously not doing well like us.”

Trump’s comments signal he’s in no rush to get back to negotiating with Beijing after talks to end the trade conflict fell apart earlier this month. He has since raised tariffs on Chinese goods and moved to restrict Huawei Technologies Co.’s access to the U.S. market, putting the Chinese telecom giant and scores of its affiliates on a blacklist that curtails access to key American suppliers.

China’s economy is “not great” at the moment, Trump said. “Our economy has been fantastic. Because they were catching us, they were going to be bigger than us. If Hillary Clinton became president, China would have been a much bigger economy than us by the end of her term. And now it’s not even going to be close.”

The president also told Hilton he believed China wants to replace America as the world’s leading superpower, and it’s “not going to happen with me.”

“I think that’s their intention,” he said. “Why wouldn’t it be? I mean they’re very ambitious people, they’re very smart.”

Economists at HSBC Holdings Plc in 2018 projected China is on course to be the world’s biggest economy by 2030. The nation’s gross domestic product will stand at $26 trillion in 2030, while U.S. GDP will rise to $25.2 trillion, according to the HSBC projection.

The International Monetary Fund also last year said China could become the world’s largest economy by 2030.

https://www.bloomberg.com/news/arti...hina-s-economy-won-t-surpass-u-s-on-his-watch

 

[beijingwalker]

This guy talks and acts like a man child, his mental age could be that of a 10 years old boy.

 

[Menthol]

Well, of course... The projection said it was 2030.

Even if Trump became a president for second term, it will not reach the year 2030 when he step down.

But eventually, China will surpass USA in 2030.

And all the report on Chinese GDP is based on Chinese government manipulated data, which is the number is much lower than what reality.

I think China is very kind and polite toward USA.

 

[Wow]

Can these people be more insecure

 

[lcloo]

So now Trump spoke the truth behind the current trade war. It was never about trade balance, it is all about containment of China's economic rising.

US cannot stop China's military rise, so they turn to trade to stop China's progress, in order for US to maintain its dominant position in economy.

Trade balance is just an excuse, just like the WMD excuse in American invasion of Iraq.

 

[Han Patriot]

Seriously? How insecured can he be? Never in my dream, I would've imagined the world's sole superpower saying we will surpass them. We are poor humble Chinese, just asking for a decent 3 meals a day. Why is this guy so obsessed with us weak, incompetent, ignorant and stupid Chinese.

 

[Three_Kingdoms]

This pic looks like he is sinking deeper into trouble.
His foxy hair is thinning further and he has no time for a thorough dye.