Chinese Economy vs US Economy

The US economy leads in per-capita wealth and technological innovation with a $27.4 trillion nominal GDP, while China's $17.9 trillion economy is the world's second-largest but operates with different structural priorities centered on manufacturing and state-directed development. China's economy grows faster (5.2% vs 2.7% in 2024), but the US maintains higher productivity, stronger institutional frameworks, and greater foreign investment appeal.