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Here’s your pack of usual Aussie grovellers, at the AFR:
Former foreign minister Gareth Evans said he agreed with forecasts that China will have a bigger economy than the US by 2030, although “not in per capita terms”
…A former head of the Department of Foreign Affairs and Trade, Peter Varghese, said it was “more likely than not” China will have a bigger economy than the US by 2030 “because of its much larger population,” although “no one can say [this] with certainty”.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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