This amazing statistic is coming from a new nationwide survey from TheStreet, conducted by GfK North America. But it could be the same statistic in Europe...
The study finds also that while 59% of all Americans believe that the United States is currently the dominant economic power, and little over one-third of Americans believe that China will inherit that title before the end of the decade.
Respondents noted other entities that could become the biggest economic power, including India (3.4%), Russia (2.2%), the EU (1.9%) and Latin America (1.6%). According to the poll, half of those over the age of 65 - and half of those who earn less than $25,000/year - think the U.S. will be the world's dominant economic power in five to seven years.
The proportion number drops to 35% when the same question is asked to the 18-34 year olds and to 37% among those who earn more than $50,000/year. Maybe more Americans – and also more Europeans - need to come to Shanghai, Beijing, but also Chengdu, Wuhan or Guangzhou, have a talk with all the Western companies that are trying to land in Mainland China directly, or via HK. Once you’ve been in the tier 2-4 cities in China, the chance are big that you will have a different view on how the economic equilibrium is changing.