PRINCETON, NJ - By 52% to 32%, Americans are more likely to name China than the United States as the leading economic power in the world today.
Japan is a distant third at 7%. In a China Daily article, Japan confirmed that the Chinese economy surpassed it.
Japan's real GDP expanded 3.9 percent in the calendar year in the first annual growth in three years, but it wasn't enough to hold off a surging China.
Japan's nominal GDP last year came to $5.4742 trillion, less than China's total of $5.8786 trillion, the Cabinet Office said.
This is China's strongest lead on this Gallup measure, first asked in 2000, and is a major change from 2009, when China and the U.S. were nearly tied in Americans' perceptions about the leading economic power.
However, the US is still the top economic power in the world. China will eventually surpass the US, but the per capita income of a Chinese person is far smaller than his or her US counterpart. This is due to the large population of China. The US per capita is $47,133. In Red China it is $7400.
At least Americans are starting to get more realistic about their "exceptionalism." The US cannot rest on a countries laurels in this competitive world.
The US needs to constantly improve and not be lulled by right wing nationalistic mythology.
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