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|    sci.military.naval    |    Navies of the world, past, present and f    |    118,642 messages    |
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|    a425couple to All    |
|    =?UTF-8?Q?U=2ES=2E_vs=2E_China=3A_Which_    |
|    27 Sep 24 16:04:40    |
      XPost: rec.aviation.military, soc.history.war.misc, or.politics       XPost: ca.politics, seattle.politics       From: a425couple@hotmail.com              It is best to see the visualization at:              from       https://www.visualcapitalist.com/comparing-the-u-s-and-china-on-       ight-measures-of-power/              U.S. vs. China: Which Country is the World’s #1 Superpower?Published 1       day ago on September 26, 2024       By Dorothy Neufeld       Graphics/Design:       Joyce Ma        See this visualization first on the Voronoi app.              This bar chart shows the balance of power between the U.S. and China in       2024 across eight pillars of strength.              Comparing the U.S. and China on Eight Measures of Power       This was originally posted on our Voronoi app. Download the app for free       on iOS or Android and discover incredible data-driven charts from a       variety of trusted sources.              Today, the global balance of power is shaped by many forces, including       economic strength, trade, and a country’s defense-industrial base.              While the U.S. and China stand as two great powers, their sources of       strength vary significantly. America has unrivaled status in capital       markets, and its reserve currency status shows little sign of being       overtaken anytime soon. Meanwhile, China’s influence in international       trade has grown substantially, now being the top trading partner for 120       countries worldwide.              This graphic compares the U.S. and China across eight key measures of       power, based on analysis from Ray Dalio’s Great Powers Index 2024.              Methodology: Measuring the Strength of Nations       For this analysis, Ray Dalio identified eight core pillars that measure       a nation’s different types of strength. These eight categories are:              Trade       Innovation and Technology       Education       Economic Output       Military       Financial Center       Competitiveness       Reserve Currency Status       Scores for these categories were quantified using Z-scores, which tells       you how far a data point is from the average of the dataset, using the       typical amount of variation (a standard deviation) in the data as a       measuring stick:              Z-score of 0 = data point is at the average       Z-score of 1 = data point is one standard deviation above the average       Is the U.S. or China More Powerful?       Below, we show how the U.S. and China measure across each metric of       country power in 2024, along with their overall strength score which       sees the U.S. (0.89 overall strength score) beat out China (0.80 overall       strength score):              Key Eight Measures of Power 🇺🇸 U.S. Score 🇨🇳 China Score       Education 2.0 1.6       Innovation and Technology 1.9 1.8       Competitiveness -0.4 1.0       Military 2.1 0.9       Trade 1.3 1.7       Economic Output 1.7 1.6       Financial Center 2.7 0.2       Reserve Currency Status 1.9 -0.6       Overall Strength Score 0.89 0.80       As we can see, both countries are closely matched across certain metrics       like innovation and technology along with economic output, while also       featuring wide differences in categories like reserve currency status       and overall competitiveness.              When looking at tech and innovation, America is home to the world’s       largest tech companies driving AI advancements, China is quickly       developing much of the intellectual property in new industries such as       semiconductors, electric vehicles, and advanced manufacturing.              In terms of economic output and strength, the gap between America and       China’s GDP stands at about $10 trillion. China could overtake America’s       economy by 2035 assuming 5% in annual GDP growth, however, Ray Dalio’s       own estimates of 10-year real GDP growth have China at 4% annual growth.       The country’s fragile property sector and weak consumer demand are its       biggest obstacles for its future growth prospects.              Comparing education, while America’s stagnating high-school educational       system is a source of concern, its top-ranking universities play a key       role in its education score. Meanwhile, China is home to 100 elite       universities, although it too has an unequal education system that       disproportionately impacts lower-income households.              When it comes to military power, the U.S. has long being a global leader       in defense spending, outpacing China by more than twofold as of 2022.       Yet, this position is deteriorating. Today, China’s military       modernization means that its defense capabilities are neck and neck with       America, and perhaps even greater than the U.S. according to sources       like the Global Firepower Index.              Moreover, China is increasingly growing alliances with Russia, Iran, and       North Korea through arms transfers and battlefield exercises, posing a       greater risk to America’s military dominance.              Learn More on the Voronoi App       To learn more about this topic from a labor force perspective, check out       this graphic on the growth of working age populations around the world’s       major economies.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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