China's economy larger than US's

[zarus tathra]

At least when measured by purchasing power, a metric that actually MATTERS.

[Jmpty]

This article is almost 3 years old. Did you actually read it?

[zarus tathra]

The size of China's economy in 2010 was $14.8 trillion, compared with the U.S.'s $14.6 trillion, when accounting for the countries' differing costs of living, Subramanian wrote

And China's GDP has still been increasing faster than ours.

[AllPurposeAtheist]

It matters if the Chinese people get to share in the pot. We've been going away from that at record speed.

[zarus tathra]

Very true. I think that if China were to stop pegging their currency to the US's and stop over-inflating the yuan, the purchasing power of the common man would rise.

[Jmpty]

In 2005, it was 8 Yuan to the dollar. Now it's six. that's an increase of 25% in their purchasing power  vs the Dollar.

[zarus tathra]

That's purchasing power per unit of currency. If you take into account the massive flooding of their market with Chinese yuan...