(https://www.investopedia.com/insights/worlds-top-economies/) Shows the top 10 economies in the world for the year 2020. The table displays this size of any economy according to two different measures. One measure uses nominal Gross Domestic Product (GDP), while the other measure uses Purchasing Power Parity (PPP).

1. Focus on the United States and Chine's nominal GDP and PPP adjusted GDP. Further, explain why the USA's nominal GDP is higher while the USA's PPP adjusted GDP is lower?
2. Use your favorite search engine to find the average Annual Growth for both the USA and China. Explain your findings.
3. Do you think China's nominal GDP will overpass the USA's nominal GDP? Why?
4. Why is China's "economic size" so much smaller on a per capita basis than the USA's?

For a recent analysis of the growth of Asia's share of global economic activity, go to Asian Engine.

To learn about China's economic growth since 1978, go to The World Bank in China