China's economy will grow by whopping $3 trillion in 2023
Sounds incredible? Here's the math
It may sound hard to believe, but here is my forecast: China's economy will grow by whopping $3 trillion in 2023. Let’s see how.
Okay, China’s 2022 GDP numbers are out and here they are:
Real GDP grew 3%
GDP came in at ¥114 trillion, which translates to $18 trillion
Nominal GDP grew 6% — from ¥114 to ¥121 trillion.
My first assumption is that China’s growth …
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