Which one is the biggest Economy of the World?- America or China

                                                                      The International Monetary fund has reported  certain figures which shows that Chines economy is surpassing the American Economy in the year 2014. Therefore America has become Number Two in the world Economies.

                                                                    The national out put  in real terms to Goods and Services are surpassed by China in  comparison with   USA.  China  will produce this year  goods worth of S17.6  Trillion in the comparison to the goods produced  worth 17.4 Trillion  by USA. This will account for 16.5% Share in the Global Economy. while America will account for 16.3% share in Global Economy. This all shows that Chines Economy is ahead of American Economy accordingly.  China also surpassed in Global Trade Twice than USA.                                    
                                                                    The Military Power also depends upon Economic Power. It is a historical facts that France, Spain, and Britain also fall from world power accordingly. We know very well that England dominated as a world Economy for 200 years and subsequently America dominated  the world Economy after 1945. The purchasing power parity is same in China as well as in USA. i.e. The regardless of fluctuation in the Foreign Exchange.

                                                                      Besides that USA is heavily indebted to China through trade. All these developments shows that Chines Economy is going ahead of American Economy.
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