Part 5/10:
Further insights into China's economic standing can be derived from alternative GDP measures, such as GDP in constant 2015 US dollars. This adjusted metric accounts for inflation and provides a clearer picture of economic growth over time, thus eliminating distortions from currency fluctuations.
The Maddison Project Database offers another fascinating perspective, showcasing China's GDP from the year 1000 to 2022. This data suggests that China's GDP has historically surpassed that of the United States, particularly in the 19th century and recent years.