美专家感叹：美元主导下中国能从贫穷到崛起，美国根本不是对手

Core Viewpoint - The article highlights the significant rise of China's economy, contrasting it with the declining influence of the US dollar and the challenges faced by the US economy, as noted by economist Richard Wolff [1][3][23]. Economic Performance - China has transformed from one of the world's poorest countries to the second-largest economy, demonstrating a unique development path independent of Western models [3][5]. - By April 2025, the US's imposition of reciprocal tariffs led to a depreciation of the dollar, which fell from 104 to around 98, contrary to expectations [3][5]. - The International Monetary Fund (IMF) reported that China's GDP, when adjusted for purchasing power parity, surpassed that of the US by a significant margin of 71 trillion yuan [7]. Structural Advantages - China's economy exhibits a diversified structure, with manufacturing, domestic demand, and exports contributing equally to growth [9]. - The semiconductor industry in China reached a market size of 1.32 trillion yuan, with a single company capturing 45% of the global market share [9]. US Economic Challenges - The US federal debt exceeded 36 trillion dollars by the end of 2024, representing 124%-125% of GDP, the highest since World War II [11]. - Daily interest payments on US debt amount to approximately 198 million yuan, indicating severe fiscal strain [11]. Currency Dynamics - The renminbi is increasingly becoming a significant reserve currency, ranking as the third-largest payment currency globally [14][16]. - The share of the dollar in global foreign exchange reserves has decreased from 71% in 1999 to 57.4% in the first quarter of 2024, marking a 30-year low [16][20]. Global De-dollarization - Nearly 100 countries are accelerating the de-dollarization process, reducing reliance on the dollar through local currency settlements and diversifying foreign reserves [18]. - China has signed effective bilateral currency swap agreements with 32 countries, totaling approximately 4.5 trillion yuan [18]. Future Outlook - Analysts predict that in ten years, as the international status of the renminbi aligns with China's economic strength, the global financial center may shift from the US to China [25].