Relative to the US it’s not a straightforward answer but China is definitely not rising in the way it was a decade ago and has been outpaced by the us
Relative to the US it’s not a straightforward answer but China is definitely not rising in the way it was a decade ago and has been outpaced by the us
China has a massive demographic problem in the near future (after 2040ish), and it is extremely unlikely (IMO) that it is going to catch up/surpass the US in GDP per capita within the next decades.
But its relative GDP growth has been higher than the US for decades, is higher stil and is probably going to stay higher for years:
https://ourworldindata.org/grapher/real-gdp-growth?country=U...
But the gap between the us and China in terms of GDP has widened in recent years making it look like China will never surpass the us
Never surpass in what exactly?
If you look at absolute numbers (https://ourworldindata.org/grapher/gdp-worldbank-constant-us...), it seems likely that China will surpass the US economy pretty soon (they're a lot more people though, so per-capita is much worse).
Personally I think its most likely that chinese GDP will be larger than US GDP within 2035, but that the median citizen is NOT going to catch up to US standards in the next 50 years.
And their whole society will run into the exact same problems that many western countries are dealing with already (increasing fraction of retirees), so I'd be very careful with extrapolating their currently superior growth rate past 2040 or so.