Despite political rhetoric to the contrary, the United States and China have enjoyed the most mutually successful economic partnership in modern history.
The Group of Seven (G7) nations include the US, Canada, the UK, Japan, Germany, France, and Italy. As emerging market economies, and especially China, have boomed, the G7's share of global GDP has dramatically fallen.
But a closer examination of the underlying economic data shows that the United States' share of global GDP has risen, especially since 2010. The US is the only G7 country to take a larger share of global GDP while China's economy rocketed higher.
Resources and links:
Skipping class: Chinese students are looking beyond the US
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Wall Street Journal, U.S.-China Investment Flows Bigger Than Thought
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For wealthy Chinese students, studying abroad becomes the norm
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EGS Biweekly Global Business Newsletter Issue 109, Tuesday, May 28, 2024
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Statista, The countries with the most countries studying abroad
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Zerohedge, Visualizing The G7's Declining Share Of Global GDP
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China’s universities just grabbed 6 of the top 10 spots in one worldwide science ranking - without changing a thing
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Closing scene, Peking Duck from the award-winning Grand Hyatt Beijing
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Негізгі бет Ғылым және технология Since 2000, the US and China have taken over the G7's share of global GDP
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