Xi Congratulates Lula on Re-election; Trump Questions Legitimacy
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An analytical piece argues that exchange-rate-based GDP comparisons better reflect geoeconomic power than PPP, as they capture what nations can actually buy on global markets. This challenges common PPP-based narratives of China's economic size, potentially shifting perceptions of relative US-China-EU standing. The piece is opinion-driven but reflects a debate relevant to economic statecraft.
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