News / Asia

China Predicted to Overtake US as Economic Power by 2030

A Chinese laborer works at a steel factory in Dalian, Liaoning province, December 4, 2012.
A Chinese laborer works at a steel factory in Dalian, Liaoning province, December 4, 2012.
VOA News
A new U.S. intelligence assessment says China is expected to surpass the United States as the leading economic power by 2030, but the U.S. will remain a top world leader.

The assessment was released Monday by the National Intelligence Council of the Office of the Director of National Intelligence.    

It predicts that Asia will surpass North America and Europe combined in terms of indices of overall power - in gross domestic product, population size, military spending and technological investment.

The report says the world will see an expanding middle class by 2030, and for the first time a majority of the world's population will not be impoverished.

It notes an expected higher demand on resources, as the global population expands by about a billion to 8 billion people. It says nearly half of the world's population will live in areas with severe water stress. It says China and India are vulnerable to shortages of key resources, while limited resources such as water and arable land could increase the risks of intrastate conflict in sub-Saharan Africa, South Asia and parts of the Middle East.

Dependence and volatility

It says the United States will likely be energy independent, while Russia, Europe and Japan are predicated to see slow economic declines.

The assessment anticipates that the Middle East will remain the world's most volatile region, and any future wars in Asia and the Middle East could include a nuclear component, making conflicts hard to contain and with global impact.

It also warns that countries including Afghanistan, Burundi, Pakistan, Somalia and Yemen face a high risk of state failure.

The National Intelligence Council publishes a global trends report every four years. The report is an analysis of information from the U.S. intelligence community and experts in the U.S. and abroad.

You May Like

Video On The Scene: In Ethiopia, 'Are You a Journalist?' Is a Loaded Question

VOA's Anita Powell describes the difficulties faced by reporters in fully conveying the story in a country where people are reticent to share their true opinions More

Nigerians Await New President With High Hopes

When pomp and circumstance of inauguration end in Abuja, Buhari will sit down to the hard task of governing Nigeria More

India's Restrictions on Several NGOs Raise Concerns

Political analysts link recent clampdown on advocacy groups to report last year that said foreign-funded NGO’s negatively impact economic development More

This forum has been closed.
Comment Sorting
Comments
     
by: S
December 12, 2012 12:21 PM
These look less like predictions and more like the plan the top 1% of the USA want executed for their investments to gain enough to satisfy their greed. Best to tell them what they want to hear if they want that massive US military budget to expand I suppose.

by: Mhee from: Philippines
December 11, 2012 6:29 PM
Made in China,CHEAP!!!!!!(low quality
) almost all products in the Philippines are made in China and not just in the Phils. its everywhere how it will it not bloom,lol

by: Anonymous
December 11, 2012 9:02 AM
That's impossible, the features lead Chinese economic growth are still in the low level.

by: Walter Johnson
December 11, 2012 5:30 AM
China has before long been the world's largest economic power, but that has not resulted in much improvement in the life of its peasants compared to the average American. We have nothing to fear from a capitalistic or socialistic China as long as their ultimate goal is to improve the lives of all their people.

The basic fact is that military spending is always at the expense of a nation's economy, and China has so far shown no inclination to compete militarily with the USA, perhaps because either they recognize how big a challenge that will be or because they want to keep the USA population as important consumers of Chinese exports.

by: Sun from: Taipei
December 11, 2012 2:48 AM
Congratulations, China mainland! However, I can't believe that this prediction is correct, but think that this US assessment is based on such an uncertain hypothesis as PRC persists after 2030. The current big income divide will sure break PRC before 2030.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Expelled from Pakistan, Afghan Refugees Return to Increased Hardshipi
X
Ayesha Tanzeem
May 28, 2015 6:48 PM
Undocumented refugees returning to Afghanistan from Pakistan have no jobs, no support system, and no home return to, and international aid agencies say they and the government are overwhelmed and under-resourced. Ayesha Tanzeem has more from Kabul.
Video

Video Expelled from Pakistan, Afghan Refugees Return to Increased Hardship

Undocumented refugees returning to Afghanistan from Pakistan have no jobs, no support system, and no home return to, and international aid agencies say they and the government are overwhelmed and under-resourced. Ayesha Tanzeem has more from Kabul.
Video

Video Britain Makes Controversial Move to Crack Down on Extremism

Britain is moving to tighten controls on extremist rhetoric, even when it does not incite violence or hatred -- a move that some are concerned might unduly restrict basic freedoms. It is an issue many countries are grappling with as extremist groups gain power in the Middle East, fueled in part by donations and fighters from the West. VOA’s Al Pessin reports from London.
Video

Video Floodwaters Recede in Houston, but Rain Continues

Many parts of Texas are recovering from one of the worst natural disasters to hit the southwestern state. Heavy rains on Monday and early Tuesday caused rivers to swell in eastern and central Texas, washing away homes and killing at least 13 people. As VOA’s Greg Flakus reports from Houston, floodwaters are receding slowly in the country's fourth-largest city, and there likely is to be more rain in the coming days.
Video

Video 3D Printer Makes Replica of Iconic Sports Car

Cars with parts made by 3D printers are already on the road, but engineers are still learning about this new technology. While testing the possibility of printing an entire car, researchers at the U.S. Department of Energy recently created an electric-powered replica of an iconic sports roadster. VOA’s George Putic has more.
Video

Video Al-Shabab Recruitment Drive Still on In Kenya

The al-Shabab militants that have long battled for control of Somalia also have recruited thousands of young people in Kenya, leaving many families disconsolate. Mohammed Yusuf recently visited the Kenyan town of Isiolo, and met with relatives of those recruited, as well as a many who have helped with the recruiting.
Video

Video US Voters Seek Answers From Presidential Candidates on IS Gains

The growth of the Islamic State militant group in Iraq and Syria comes as the 2016 U.S. presidential campaign kicks off in the Midwest state of Iowa.   As VOA’s Kane Farabaugh reports, voters want to know how the candidates would handle recent militant gains in the Middle East.
Video

Video A Small Oasis on Kabul's Outskirts Provides Relief From Security Tensions

When people in Kabul want to get away from the city and relax, many choose Qargha Lake, a small resort on the outskirts of Kabul. Ayesha Tanzeem visited and talked with people about the precious oasis.
Video

Video Film Festival Looks at Indigenous Peoples, Culture Conflict

A recent Los Angeles film festival highlighted the plight of people caught between two cultures. Mike O'Sullivan has more on the the Garifuna International Film Festival, a Los Angeles forum created by a woman from Central America who wants the world to know more about her culture.
Video

Video Kenyans Lament Losing Sons to al-Shabab

There is agony, fear and lost hope in the Kenyan town of Isiolo, a key target of a new al-Shabab recruitment drive. VOA's Mohammed Yusuf visits Isiolo to speak with families and at least one man who says he was a recruiter.
Video

Video Scientists Say Plankton More Important Than Previously Thought

Tiny ocean creatures called plankton are mostly thought of as food for whales and other large marine animals, but a four-year global study discovered, among other things, that plankton are a major source of oxygen on our planet. VOA’s George Putic reports.
Video

Video Kenya’s Capital Sees Rise in Shisha Parlors

In Kenya, the smoking of shisha, a type of flavored tobacco, is the latest craze. Patrons are flocking to shisha parlors to smoke and socialize. But the practice can be addictive and harmful, though many dabblers may not realize the dangers, according to a new review. Lenny Ruvaga has more on the story for VOA from Nairobi, Kenya.
Video

Video Iowa Family's Sacrifice Shaped US Military Service for Generations

Few places in America have experienced war like Waterloo. This small town in the Midwest state of Iowa became famous during World War II not for what it accomplished, but what it lost. As VOA’s Kane Farabaugh reports, the legacy of one family’s sacrifice is still a reminder today of the real cost of war for all families on the homefront.

VOA Blogs