China’s GDP in 2021 was 114 trillion yuan and in 2022 the yuan has weakened against the US dollar.
The yuan is now 7.12 to 1 US dollar.
China’s nominal GDP is now 16.0 trillion instead of 17.7 trillion last year.
It was 115 yen to 1 US dollar at the end of 2021. It is now 144 yen to 1 US dollar. Japan’s nominal GDP was $5.5 trillion but it is now $4.4 trillion.
The dollar has strengthened 15% against the Euro and 17% against the british pound.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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