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Bank of America Qiao Forecasts China Will Double GDP by 2035

Bank of America Qiao Forecasts China Will Double GDP by 2035

Bank of America Qiao Forecasts China Will Double GDP by 2035
Feb 27, 2021 32 secs

The Bank of America global analyst predicts that China will sustain an average 4.7% annual GDP growth from now to 2035 which will result in a doubling of China’s GDP.

China (including HK and Macua) has an exchange rate GDP of $16 trillion while the US has $21 trillion.

The difference in GDP growth from 2028 to 2035 will likely reduce to an average of 0-2% per year.

Creating connections where Shanghai and the surrounding area becomes a connected 250 million to 350 million person super city, Beijing area becomes a super city would enable China to sustain 5% GDP growth for many decades.

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