How China Controls the World
China has a LOT of power. Since just 2000, the Chinese economy has skyrocketed from just over $1T to well over $17T and has claimed its place as the world’s 2nd largest nominal GDP by a long shot. On top of that, the GDP per capita in China has grown exponentially from under $1,000 in 2000 to over $12,000 this year. China also has influence over the global supply chain, and in recent years, China has become more influential politically and economically, and 70% of countries trade more with China than the United States. Moreover, China has a majority of countries in South Asia hooked and dependent on her. So how does China have so much power?
-Video Chapters-
00:00 Supply Chain
03:45 Trade
05:24 The Belt and Road Initiative
10:24 China's Geopolitics
#china #geopolitics #economics