Data and Analysis of Chinese Ascendancy

This chapter focuses on contemporary empirical data and through many graphs and comparative macro-economic tools shows how China’s political economy is set to surpass that of the USA in the very near future. It argues, among others, that China’s comparati

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China & the USA

Vassilis K. Fouskas · Shampa Roy-Mukherjee · Qingan Huang · Ejike Udeogu

China & the USA Globalisation and the Decline of America’s Supremacy

Vassilis K. Fouskas Centre for the Study of States, Markets & People (STAMP), Royal Docks School of Business & Law University of East London London, UK

Shampa Roy-Mukherjee Centre for the Study of States, Markets & People (STAMP), Royal Docks School of Business & Law University of East London London, UK

International Business School Guangdong University of Finance & Economics Guangzhou, China

International Business School Guangdong University of Finance & Economics Guangzhou, China

Qingan Huang Centre for the Study of States, Markets & People (STAMP), Royal Docks School of Business & Law University of East London London, UK

Ejike Udeogu Centre for the Study of States, Markets & People (STAMP), Royal Docks School of Business & Law University of East London London, UK

International Business School Guangdong University of Finance & Economics Guangzhou, China

International Business School Guangdong University of Finance & Economics Guangzhou, China

ISBN 978-3-030-61096-8 ISBN 978-3-030-61097-5 (eBook) https://doi.org/10.1007/978-3-030-61097-5 © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © Harvey Loake This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

Preface and Acknowledgements

We decided to publish this short book at a very crucial international juncture where on the one hand, Britain, amidst soaring unemployment and the Covid-19 pandemic, is poised to complete her Brexit negotiations and leave the EU and o