Where is China in the new world economic order?

According to a reporter of Fars News Agency’s International Economics Group, quoted by راشاتودیThe Chinese are winning economic competition with the United States, said Ray Dalio, a well-known American billionaire and founder of the world’s largest private equity fund.

“Yes, they are winning,” he said in an interview when asked if the Chinese were winning.

“China’s economic growth rate is at least twice as high as in Western countries,” Dalio said.

The American billionaire also predicted that the size of China’s economy would soon be larger than that of the US economy, and that they would become much more powerful.

“The Chinese are four times as numerous as the United States, so if the per capita income of the Chinese is half that of the United States, their economy will double that of the United States, so yes,” Dalio said. This is an environment in which the Chinese are facing economic competition, and their economies are much more likely to grow stronger and bigger.

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