Jubilee is looking at vision 2030...

China will overtake USA in GDP in 2025 and will go on to be the worlds richest country by 2050!

For those who can see the future, the time to court China is now...

UNTIL 1890 China was the world’s largest economy, before America surpassed it. By the end of 2014 China is on track to reclaim its crown. Comparing economic output is tricky: exchange rates get in the way. Simply converting GDP from renminbi to dollars at market rates may not reflect the true cost of living. Bread and beer may be cheaper in one country than another, for example.

To account for these differences, economists make adjustments based on a comparable basket of goods and services across the globe, so-called purchasing-power parity (PPP). New data released on April 30th from the International Comparison Programme, a part of the UN, calculated the cost of living in 199 countries in 2011. On this basis, China’s PPP exchange rate is now higher than economists had previously estimated using data from the previous survey in 2005: a whopping 20% higher.

So China, which had been forecast to overtake America in 2019 by the IMF, will be crowned the world's pre-eminent country by the end of this year according to The Economist’s calculations. The American Century ends, and the Pacific Century begins.

The Chinese are revenging

Word on the street is that The Chinese Premier is accompanied by a contingent of

chida tupu

ION, is lucozade the choice drink for diplomacy ama nini hiyo iko kwa meza?