The Beijing 2022 Winter Olympics will reinforce The rise of China, which is beginning to become a great power

2022-05-15 0 By

This Spring Festival is unusual, why?The 24th Winter Olympic Games (Beijing 2022) will open on the fourth day of the first lunar month, which is also the start of spring, making Beijing the world’s first “Double Olympic City”.On February 4, the Olympic torch will be carried by some 1,200 torchbearers to light the main torch tower at the National Stadium, ushering in an exciting Olympic moment.It is expected that the Beijing Winter Olympics will be a successful international event under the special background of COVID-19.In the year of the Winter Olympics, apart from the epidemic, there are several challenges in the international market. One of them is that the Federal Reserve will start to raise interest rates, and the international market will be volatile.In 2008, the year of the Beijing Summer Olympics, the US subprime mortgage crisis triggered the global economic crisis, China was not spared, why?In 2008, China’s GDP was us $4,604.2 trillion, while the US’s was US $14,718.5 trillion.At that time, China’s per capita GDP was us $3,467, ranking 109th in the world, while the US’s per capita GDP was US $48,320, ranking 15th in the world.In 2008, US GDP was three times that of China and its per capita GDP was 15 times that of China. There was a huge gap between China and the US.In 2021, China’s GDP exceeded 110 trillion yuan, reaching 114 trillion yuan, 17 trillion U.S. dollars, and 17.73 trillion U.S. dollars. In 2021, China’s per capita GDP ranked eighth among 29 countries with a population of 50 million or more, just behind the United States, Germany, France, Japan, the United Kingdom, Italy, and the Republic of Korea.China’s GDP surpassed that of the EU for the first time, surpassing that of the EU by us $2 trillion and reaching us $17.73 trillion/US $23.04 trillion =77%, a record high. If Hong Kong, Macao and Taiwan are included, it will be even higher.It can be said that China’s economic size is already very close to that of the United States.1. If the Beijing 2008 Summer Olympics started the rise of China, the Beijing 2022 Winter Olympics will strengthen the rise of China, and China starts to become a powerful country;2. China will become more open and lead the RCEP economic circle and even the Asia-Pacific region.3. The sharp fall in January will become the starting point of spring agitation, which is expected to stabilize and recover, and will not be cut by the United States;4. The renminbi will be moderately strong to accommodate China’s rise;5. China’s GDP (including Hong Kong, Macao and Taiwan) is expected to exceed US $20 trillion in 2022, closer to that of the US.6. China may overcome the middle-income trap and join the high-income club by 2022.Please bookmark, like, and share this episode with more friends if it’s helpful!Well, that’s all for today. For more on the airline economy, stay tuned!Topic: Beijing 2022 Winter Olympics will strengthen China’s rise from a great power to a great power