It's kind of strange to compare companies strictly based on their valuation. Saudi Aramco valuation today is higher than that of Apple but these are very different companies and I wouldn't claim that one is better than the other.
It's also strange to compare two economies that have vastly different economic strategies, especially by measuring one of the areas where they diverge most strongly.
Are we comparing, country, population, size of region?
We often compare USA with China, but when it comes to european countries, it has to be EU?
This is an honest question, I couldn't care less about either region or gain anything financially or care about emotional internet points. I am not rooting for anyone, though I think predominantly western centric super powers is a bad idea.
But why this line of thinking and comparison, isn't it apple to oranges? Its a genuine question, despite being downvoted for whatever reason.
I feel it would be apples and oranges to compare (sub-)continent spanning multi-ethnic countries like the USA or China with individual EU countries. The point of the EU is to form one economical union. Sure there's still deficits in unification on other fronts, but economically the EU is pretty much one uniform bloc of comparable size.
There are so many other trading blocs out there, why not compare them? Eu itself has some of the largest economies of the world. It does seem almost unfair.
China's large size and huge population not necessarily an automatic recipe for success. As a matter of fact, other than USA, almost of all large countries with huge population are generally economic and quality of life failures.
On the top of my minds I can think of, Russia, India, Brazil, Pakistan, Mexico all doing pretty shitty job, relatively speaking.
I don’t think so. The EU is, as you say, an economic union and is considered the largest economy in the world (last time I checked, which has been awhile tbh.)
It wouldn’t make sense to compare individual European nations to China.
