{"id":357676,"date":"2026-03-25T18:18:09","date_gmt":"2026-03-25T18:18:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/357676\/"},"modified":"2026-03-25T18:18:09","modified_gmt":"2026-03-25T18:18:09","slug":"china-still-on-track-to-supplant-us-as-worlds-no-1-economy-in-10-years-academic","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/357676\/","title":{"rendered":"China still on track to supplant US as world\u2019s No 1 economy in 10 years: academic"},"content":{"rendered":"

China is still on course to overtake the United States as the world\u2019s largest economy in the next decade, as the global balance of power pivots towards Asia and America pursues a string of \u201cself-defeating\u201d policies, a prominent academic has said.<\/p>\n

While the Chinese economy is undergoing a structural transition<\/a>, the current challenges facing the US are more severe, according to Li Cheng, the founding director of the University of Hong Kong\u2019s Centre on Contemporary China and the World.<\/p>\n

The US is likely to remain mired in \u201cself-defeating\u201d conflicts \u2013 from culture wars to the global trade war launched by US President Donald Trump \u2013 for years to come, said Li, who was speaking at the Boao Forum for Asia, an annual gathering of political and business leaders in southern China\u2019s Hainan province, on Tuesday.<\/p>\n

\u201cChina\u2019s Cultural Revolution lasted 10 years \u2013 I think probably this also [might take] 10 years,\u201d he said, referring to American domestic instability.<\/p>\n

Hostility towards globalisation is particularly prevalent in the US, despite the fact that trade is not the most significant factor in economic development, according to Li, who previously served as director of the Washington-based Brookings Institution\u2019s John L. Thornton China Centre.<\/p>\n","protected":false},"excerpt":{"rendered":"China is still on course to overtake the United States as the world\u2019s largest economy in the next…\n","protected":false},"author":2,"featured_media":357677,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[3760,337,5560,173270,114,1657,54,184,173269,18379,85,87,46,173271,15624,1032,91665,730,8429],"class_list":["post-357676","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-america","tag-asia","tag-beijing","tag-boao-forum-for-asia","tag-business","tag-china","tag-donald-trump","tag-economy","tag-hainnan","tag-harvard-university","tag-il","tag-iran","tag-israel","tag-li-cheng","tag-taiwan","tag-united-states","tag-us-supreme-court","tag-washington","tag-xi-jinping"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/357676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=357676"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/357676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/357677"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=357676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=357676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=357676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}