
China has closed the gap with the U.S. “in most economic races, even overtaking it in some,” according to a recent report from Harvard’s Belfer Center for Science and International Affairs. The report, “The Great Economic Rivalry: China Vs. the US,” predicts that at the current rate, China will overtake the US economically within a decade.
Measured by purchasing power parity (PPP) — which compares national economies in terms of how much each nation can buy with its own currency at the prices items sell for in its market — China has already surpassed the US to become the world’s largest economy.







After years of Canadians being lectured to by Prime Minister Justin Trudeau and his various and sundry environment ministers that the only way to effectively reduce greenhouse gas emissions is through a national carbon tax, the United States has just passed a US$370 billion climate bill that says it doesn’t 




