It turns out that while China has been gaining ground, it still has a long way to go to catch up with America’s economic prowess. In fact, recent numbers show that the 30 largest metropolitan areas in the United States, alone, have a higher GDP than China. When looking at Ohio, Cincinnati, Columbus Cleveland ($320 billion) tally a combined GDP just higher than Denmark ($314 billion) and just lower than the United Arab Emirates ($359 billion). More from Business Journals:
A recent Pew Research Center survey of 38,000 people in 39 nations found widespread expectations that China will soon surpass the United States. Respondents in just six of those 39 countries are still placing their bets on the U.S. The current numbers, however, suggest something different.
China’s total output of goods and services, better known as its gross domestic product (GDP), climbed to an impressive $8.23 trillion last year, according to the latest estimates from the International Monetary Fund. But the United States is still far in the lead with GDP of $15.68 trillion, roughly 90 percent higher than China’s total.