China started with the low cost manufacturing option and over the decades have crept up the scale to compete with the U.S. Our nation has been struggling with some issues as of recent but many of these problems started when our companies began to move operations overseas and leak innovative capital. Accordingly an article China’s 2020 GDP means it will overtake U.S. as world’s No. 1 economy sooner than initially expected......
"On Monday, China reported a year-on-year increase of 6.5% for the fourth quarter of 2020 and a 2.3% increase for all of 2020, surpassing analysts' forecasts and making China the the only major economy to log positive growth in 2020."We are expecting them to meet us from 2026 to 2030 and begin to take the lead. Even though we know there are problems for some reason we have not been able to adapt to compete effectively. Transitioning to a digital platform to help us place ourselves as the center of innovation and the supply chain where values is the highest.
One way to know that we are moving into a new economic platform is when old system, theories, and tools become increasingly difficult to use. That means something is changing and the more ineffective these tools the more we have to consider moving forward in our national development. The Information Age is going to change a lot of things. Can the U.S. take advantage of chaos to master the market?
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