The US just revised down its Q1 GDP growth rate. While the nominal growth is 5.7%, the real growth is only 1.6%. Looking at the GDP data over a longer period, the US GDP has grown by 36% in the past 5 years, while China’s is only 23%. The gap between China and the US has actually widened Considering that real growth = nominal growth - inflation rate. China should just openly admit it’s in deflation, so its real growth can catch up with the US.