It doesn't matter if Hong Kongers are ashamed of being Chinese or not. It is nice if they aren't, no big deal if they are. If they don't like it they can go to UK and call themselves British like 100k did. It also doesn't matter too much what Taiwanese think when it comes time to liberate the territory.As I said, facts always lag behind perception. Chinese Brands are slowly gaining popularity around the world. Hisense is one of the top TV brands in the US now for example. Chinese are starting to enter people's lives in developed countries. They have penetrated much deeper in poorer countries where Chinese electronics brands are even more prominent.
Chinese cars are starting gain popularity around the world as well. But it will take more time and happen gradually.
Alot of Chinese Apps are now top chart holders in App stores.
So, China is slowly getting there. But it will take more take time for China to equal the west. Plus, Chinese wealth and GDP Per Capita in Nominal terms will also rise at the same time. Chinese Universities will also gain more prominence and someday maybe students from all over the globe will come to study there.
As these things happen, perception will also change. In the future, Hong Kongers will no longer be ashamed to be called Chinese. Taiwanese may also embrace their Chinese identity.
I expect this to happen by 2050, so by then, a peaceful reunification might be possible, backed by Chinese military and Economic might that is several times stronger than today and much less anti-Chinese perception by Taiwanese who will start to see China as a role model.
GDP measured in USD is mattering less and less anymore, as USD's value is no longer stable due to rapidly fluctuating inflation and interest rates. US doesn't hold 50% of global GDP like it did in the 50's-80's, so there's no special reason for nominal GDP to really matter anymore. Instead at this point its all about physical input/output.
A 25% increase in 7 years from 2008-2015, but a 50% increase in the next 7 years 2015-2022. You'd think then that the US economy was greatly accelerating since 2015.
Yet how come almost all physical economic parameters are down or flat such as energy consumption, car sales, average housing size, retail spending, etc?
According to a new report from , the average apartment space per person is now about 540 square feet, based on the ratio of the average apartment size to the average number of renters living in a household across the U.S.
As the total apartment size has decreased throughout the past 10 years, so has the amount of living space per renter.
So clearly, GDP as measured in USD is no longer representative of economic reality. How can you get richer while energy consumption is declining, less cars are being sold, people live in smaller dwellings, life expectancy declines, etc?
And if GDP measured in USD doesn't represent reality, then your entire theory falls apart.
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