In 2010, the U.S. spent 38% of its GDP on investment, while China spent only 16% of its GDP on investment.

Name: In 2010, the U.S. spent 38% of its GDP on investment, while China spent only 16% of its GDP on investment.
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According to World Bank data from 2010, the U.S. spent 13.5% of its GDP on investment, while China spent 46.3% of its GDP on investment. Therefore, the statement is false.