The sheer growth and scale of China’s economy in a global context can be difficult to visualise. An economy which is expected to overtake that of the US by the end of the decade can be difficult to put into perspective. While Chinese GDP has slowed in recent years, its is still growing at a remarkable scale and is perhaps the most important international event since the end of the Cold War. We believe the two graphics below help you to understand this growth phenomenon
This chart looks at the annual Chinese GDP growth going back to the year 2000, comparing it to the equivalent total GDP of other nations around the world.
Source: HSBC research, Visual Capitalist.