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A potential superpower is a state or a political and economic entity that is speculated to be—or to have the potential to soon become—a superpower.
Currently, only the United States fulfills the criteria to be considered a superpower. However, the United States no longer dominates in every domain (i.e. military, culture, economy, technology, diplomatic).
China on the other hand, has been referred to as an emerging superpower or deputy superpower, given that Beijing's power is now beyond the classification of a Great Power.
Since the 1990s, China, India, the European Union and Russia were most commonly described as being potential superpowers. Japan was formerly considered a potential superpower due to its high economic growth. However, its status as a potential superpower has eroded since the 1990s due to an aging population and economic stagnation.Collectively these potential superpowers, and the United States, comprise 68.0% of global nominal GDP, 62.4% of global GDP (PPP), more than one third of the total land area, and approximately half of the world's population.

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